This is the latest version of this Act.
Malawi
Malawi Housing Corporation Act
Chapter 32:02
- There are multiple commencements
- [This is the version of this document at 31 December 2017.]
- [Note: This version of the Act was revised and consolidated in the Fifth Revised Edition of the Laws of Malawi (L.R.O. 1/2018), by the Solicitor General and Secretary for Justice under the authority of the Revision of the Laws Act.]
| Provisions | Status |
|---|---|
| Section 1–2, section 3(1), (2)(a)–(c), (2)(e)–(h), section 4–16 | commenced on 1 January 1964. |
| Section 3(2)(d) |
commenced on 1 February 1965.
Note: Note: G.N. 36/1965 |
| Section 3(2)(g)(i)–(v), (3), section 7(a)–(c), section 8(1)–(2) | commenced on 31 December 2017. |
1. Short title
This Act may be cited as the Malaŵi Housing Corporation Act.2. Interpretation
In this Act, unless the context otherwise requires—"Corporation"" means the Malaŵi Housing Corporation established under section 3; and"member" includes the Chairman of the Corporation.3. Establishment of the Corporation and powers and functions thereof
4. Status of the Corporation
The Corporation shall be a body corporate with perpetual succession and a common seal, and may in its corporate name sue and be sued.5. Constitution of the Corporation
6. Disqualification of members of the Corporation
No person shall be eligible for appointment as a member of the Corporation who—7. Financial policy of the Corporation
The Corporation shall be self-accounting and shall so manage its business that, taking one year with another—8. Loans by the Corporation
9. Repayment of, and interest on, advances
10. Borrowing powers
11. Consequential provisions on transfer of functions
The Minister may by Regulation make provision consequential on the assumption by the Corporation of any functions under this Act for—12. Acquisition of customary land
If the Corporation requires any customary land for the purposes of carrying into effect any of the provisions of this Act, it may apply for a grant, lease or other disposition in accordance with section 5 of the Land Act.[21 of 1970; 6 of 2017; Act 19 of 2016]13. Employees of the Corporation
14. Power of Minister to give directions
In exercise of any function conferred upon the Corporation by any of the provisions of this Act the Corporation shall be subject at all times to the general or special directions of the Minister.15. Accounts, audit and reports
16. By-laws
The Corporation may, subject to the prior approval of the Minister, make by-laws regulating any of the following matters—History of this document
31 December 2017 this version
Commenced
Consolidation
31 December 2014
Consolidation
Read this version
01 February 1965
Commenced
Note: Note: G.N. 36/1965
01 January 1964
Commenced