Social Housing Act, 2008 (Act No. 16 of 2008)RegulationsSocial Housing RegulationsChapter 3 : Compliance monitoring14. Disposal of social housing stock funded with public funds |
| (1) | A social housing institution must seek permission from the Regulatory Authority before— |
| (a) | disposing of social housing stock into the open market where it might cease to be social housing for low to medium income households as provided in the Act; and |
| (b) | disposing of social housing stock funded with public funds. |
| (2) | The Regulatory Authority may not approve a disposal of social housing stock funded with public funds in the open market as contemplated in subregulation (1), unless after consultation with the municipality and other social housing institutions in the area concerned and it is satisfied on reasonable grounds that there is sufficient social housing in the area and there is no need to retain the relevant housing stock as social housing. |