Property Time-Sharing Control Act, 1983 (Act No. 75 of 1983)

10. Property time-sharing schemes conducted pursuant to share block schemes
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When a property time-sharing scheme is operated under any share block scheme, the provisions of this Act, excepting sections 1, 4, 5 (1), 6, 7 and 12 (2) and the provisions of regulations made under section 12(1)(a), (b) and (d), shall not apply to any such scheme, any contract for the acquisition of a share, and any use agreement, referred to in the Share Blocks Control Act, 1980 (Act No. 59 of 1980), and the parties thereto, in so far as any such scheme, contract or agreement embodies any such property time-sharing scheme and regulates the alienation and utilization of any time‑sharing interest: Provided that—

(a)in such application of subsection (3) of section 4 the reference in that subsection to relief for which provision is made in section 9 of this Act, shall be construed as a reference to relief for which, mutatis mutandis, provision is made in section 18 (1) of the said Act;
(b)in the application of section 18 of the said Act in respect of any such contract and agreement, the reference in that section to sections 16 and 17 of the said Act shall be construed as a reference also to section 4 of this Act; and
(c)a provision of any regulation referred to in the foregoing provisions of this section shall only so apply in so far as such provision is not in conflict with any provision of the said Act.