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

6. Advertising of certain information

 

(1) No person shall advertise for alienation any time-sharing interest unless the prescribed information regarding the relevant time-sharing interest, property time-sharing scheme and alienation is disclosed in such advertisement.

 

(2) Any person who contravenes a provision of subsection (1) shall be guilty of an offense and liable on conviction to a fine not exceeding R1 000 or to imprisonment for a period not exceeding one year or to both such fine and such imprisonment.

 

 


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