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Social Housing Act, 2008 (Act No. 16 of 2008)

Chapter 5 : General Provisions

19. Regulations

 

(1) The Minister, by notice in the Gazette and after consultation with Parliament—
(a) must make regulations prescribing—
(i) any matter required to be prescribed by regulation under this Act;
(ii) a code of conduct, the investment criteria and the qualifying criteria for social housing institutions;
(b) may make regulations—
(i) in respect of the required provisions of the agreements between the Regulatory Authority and other delivery agents;
(ii) in respect of the required provisions of the agreements between the Regulatory Authority and provincial governments;
(iii) in respect of the required provisions of the agreements between the Regulatory Authority and the National Housing Finance Corporation; or
(iv) any other ancillary or administrative matter that is necessary to prescribe for the proper implementation or administration of this Act.

 

(2) The Regulations may provide for offences in cases of contravention thereof or non-compliance therewith, and for penalties not exceeding a fine or imprisonment for a period not exceeding six months or to both a fine and such imprisonment.