ACT
(Act 6 of 2001)
Act 6 of 2001 .. in force 5 May 2001
ARRANGEMENT OF SECTIONS
PART 1
PRELIMINARY
| 1. | Short title |
| 2. | Interpretation |
PART 2
ESTABLISHMENT, CONSTITUTION, MANAGEMENT AND STAFF
| 3. | Establishment of the Corporation |
| 4. | Board of Directors |
| 5. | Procedure and meetings of Board |
| 6. | Conflict of interest |
| 7. | Disclosure of interest and abstention from voting |
| 8. | Remuneration of members |
| 9. | Appointment of Managing Director |
| 10. | Appointment of staff |
| 11. | Establishment and maintenance of pension scheme |
| 12. | Appointment of committees |
| 13. | Service of notices |
| 14. | Protection of Corporation and its officers |
| 15. | Power of Minister to issue directions |
PART 3
FUNCTIONS AND POWERS
| 16. | Functions of Corporation |
| 17. | Powers of Corporation in relation to unfit building |
| 18. | Powers of Corporation in relation to abandoned objects |
| 19. | Power to make arrangements |
PART 4
SETTLEMENT CLEARANCE, UPGRADING AND
REDEVELOPMENT SCHEME
| 20. | Power to secure settlement clearance |
| 21. | Duty to secure redevelopment |
| 22. | Plans to be sent to the Minister |
| 23. | Local body affected by scheme to be notified |
| 24. | Approval of scheme by Minister |
| 25. | Notification of approval of scheme |
| 26. | Corporation to implement scheme |
| 27. | Slum clearance and re-development by owner of land and buildings |
| 28. | Demolition order |
| 29. | Use of land under demolition order |
| 30. | Power of Corporation to seek information |
PART 5
ACQUISITION AND COMPENSATION
| 31. | Acquisition of property by Corporation |
| 32. | Assessment of compensation |
| 33. | Power to pay allowances to displaced persons |
PART 6
FINANCIAL PROVISIONS
| 34. | Funds and resources of Corporation |
| 35. | Application and investment of funds |
| 36. | Accounts and audit |
| 37. | Annual report |
| 38. | Borrowing powers |
| 39. | Guarantee of borrowings of Corporation |
PART 7
TRANSITIONAL PROVISIONS
| 40. | Transfer of assets and liabilities |
| 41. | Transfer of officers |
| 42. | Limitation of time for legal actions |
PART 8
MISCELLANEOUS PROVISIONS
| 43. | Recovery of rent |
| 44. | Exemptions |
| 45. | Conditions regarding the letting of houses |
| 46. | Minutes receivable in evidence |
| 47. | Power of entry |
| 48. | Vesting of lands |
| 49. | Regulations |
| 50. | Savings |
AN ACT to create a national housing corporation and for related matters.
Commencement [5 May 2001]