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Housing Consumers Protection Measures Act, 1998 (Act No. 95 of 1998)

Schedule

1. Composition of Council Transitional Provisions

 

 

1) On the commencement of this Act, the council of the "National Home Builders Registration Council", an association incorporated under section 21 of the Companies Act, 1973, and with the registration number of 95/08647/08, shall be deemed to constitute the Council.

 

2) On the first meeting of the Council after the appointment of the members of the Council as contemplated in section 4(1)-
a) all liabilities, rights and obligations of the associations referred to in subitem (1) and item 2(1) shall pass to the Council; and
b) anything done by or on behalf of the said association shall be deemed to have been done by the Council, subject to this Act.

 

3) The Council constituted as contemplated in subitem (1) dissolves immediately before the first meeting of the Council appointed as contemplated in section 4(1).

 

4) The first meeting referred to in subitem (3) must be held within one year after the commencement of this Act.