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

Regulations

Housing Consumer Protection Measures

1. Definitions
Purchase cart Previous page Return to chapter overview Next page

 

(1) In these rules any word or expression to which a meaning has been assigned in the Act shall bear that meaning, and unless the context otherwise indicates —

 

"the Act"

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

 

A "housing development project"

means, for the purposes of the Act and these regulations, any project or phase of a project approved by a PHDB from the date of commencement of section 18 (3) of the Act.

 

A "deposit"

is defined as an amount paid by the housing consumer no greater than the amount of the full subsidy itself.

 

(2) For the purposes of the definition of "home" in section 14(2) of the Act, "home" means a home the acquisition of which, except in respect of any deposit payable, will be financed solely from the proceeds of a state housing subsidy and forming part of a housing development project.

 

(3) For the purposes of these Regulations, the definition of "home builder" shall include a "developer" or an "institution" in terms of Part 3 of the National Housing Code.