• Share Blocks Control Act, 1980 (Act No. 59 of 1980)
    • Introduction
    • 1. Definitions
    • 2. Exemption from provisions of Act and from payment of fees
    • 3. Application of certain laws in respect of share block company
    • 4. Presumption as to operation of share block scheme by company
    • 5. Restrictions on operation of share block scheme
    • 5A. Restriction on receipt of consideration in respect of shares
    • 6. Registrar responsible for administration of Act
    • 7. Main object of share block company and use agreement
    • 8. Capacity and powers of share block company
    • 8A. Duties of share block developer in connection with
    • 9. Provisions as to name of share block company
    • 10. Rights attaching to shares of share block company
    • 11. Offer of shares for sale
    • 11A. Furnishing of information regarding share block schemes to
    • 11B. Sale of shares conferring right to or interest in use of parts
    • 12. Directors of share block company
    • 13. Establishment of levy fund by share block company
    • 14. Loan obligation of share block company
    • 15. Trust account of and investment of trust moneys by share block company
    • 16. Formalities in respect of contract relating to a share and a use agreement
    • 17. Contents of contract relating to share
    • 18. Consequences of non-compliance with formalities
    • 19. Insurance of immovable property of share block company
    • 20. Regulations
    • 21. Offences and penalties
    • 22. Waiver of rights
    • 23. Repealed
    • 24. Short title and commencement
  • Schedules
    • Schedule 1 - (Section 8 (3))
      • 1. Approval of Development Scheme and Opening of Sectional Title Register
      • 2. Resolution for the opening of Sectional Title Register
      • 3. Objection to opening of Sectional Title Register in relation to property
      • 4. Consent of mortgagee and discharge of loans secured by mortgage bond
      • 5. Registrar to be furnished with proof of certain matters
      • 6. Sectional Plan relating to property in respect of which
      • 7. Establishment of body corporate in relation to property
      • 8. Transfer of units by a Company to its members or other persons
    • Schedule 2 (Section 17)
      • Schedule 2 (Section 17)
    • Schedule 3
      • (Repealed) Schedule 3