Section 12
Revocation of licence
of Housing Developers (Control and Licensing) Act
(1)
If any licensed housing developer —
(a)
is, in the opinion of the Board, carrying on business in a manner detrimental to the interests of its purchasers or of the public;
(b)
has insufficient assets to cover his liabilities;
(c)
is contravening any of the provisions of the Act; or
(d)
has ceased to carry on housing development in
Brunei Darussalam, the Board may revoke any licence granted to him but shall, prior to such revocation, notify its intention to take such action against him and shall give him an opportunity to make representations why his licence should not be revoked.
(2)
Where a licence has been revoked under subsection (1), the housing developer may, within 30 days of being notified of the revocation, appeal to the Minister whose decision is final.