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1.. - The NHBRC

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STAATSKOERANT,1 DESEMBER 1999 No.20658 8<br />

(c) demand thatthe home builder remove andreplace at 1hc home builder's own cost any such<br />

materials or components that have been used or wouldhave beenused in the construction<br />

of the relevant home.<br />

Terms and conditions for regiStration<br />

1<strong>1.</strong>(I) For the purposeofevaluating an applicationin terms ofsection 10 ofthe Act, the Council may<br />

haveregard to the informationset out in the applicationform prescribedby the Council.<br />

(2) <strong>The</strong> Councilmay require additional information from the homebuilderor any other personand may<br />

conductthe investigations, that it may considernecessary to assess theapplication.<br />

(3) <strong>The</strong> Council, or any persons contractedby it, must treat any financial information provided by an<br />

applicantas part ofhis applicationto the Council withthe strictest confidence.<br />

(4) Wherethe Council receives an applicationfroma home builder,who in theopinionofthe Council-<br />

(a) has limitedcapital, fixed assets or activetrading history;or<br />

(b) appears not to have the ability to meet its obligations to housingconsumers and to the<br />

Council,<br />

the Council may require personal suretyships, indemnities and guarantees, as the case may be, as<br />

contemplated in section 10(5) of the Act from the home builder, the partners, directors, members,<br />

shareholders or trustees ofthe homebuilderor those ofits associates.<br />

(5) <strong>The</strong> Council may, where it receives an applicationfrom a homebuilderin respectofwhichthere exists<br />

an associate, require securityfrom such associate.<br />

(6) <strong>The</strong> Council may undertake, withinits discretion, a technical assessment ofthe home builderby means<br />

of-

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