Housing Consumers Protection Measures Act, 1998 (Act No. 95 of 1998)Schedule2. Fund and Assets |
| 1) | The "National Home Builders Registration Council Fund" being an association incorporated under section 21 of the Companies Act, 1973, and with the registration number 96/03550108, shall cease to function on the meeting contemplated in item 1(3). |
| 2) | The members of the associations referred to in item 1(1) and subitem (1), may, before or after the commencement of this Act, but before their deregistration contemplated in item 3, make a determination in respect of its assets in accordance with section 21(2)(b) of the Companies Act, 1973, and may, notwithstanding that section, determine that such assets be transferred to the Council. |