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Rental Housing Act, 1999 (Act No. 50 of 1999)

Chapter 2 Promotion of Rental Housing Property

3. Measures to increase provision of rental housing property

 

 

1) The Minister may introduce a rental subsidy housing programme, as a national housing programme, as contemplated in section 3(4)(g) of the Housing Act, 1997 (Act No. 107 of 1997), or other assistance measures, to stimulate the supply of rental housing property for low income persons.

 

2) Parliament may annually appropriate to the South African Housing Fund an amount to finance such a programme.

 

3) A separate account of income and expenditure in respect of such programme must be kept.

 

4) Section 12(1)(b) of the Housing Act, 1997 (Act No. 107 of 1997), does not apply to any amount appropriated by Parliament for purposes of such programme.