Minimum standards to be observed by a developer

A developer registered under this Act shall, in respect of a timeshare accommodation registered and licenced under this Act, (a) ensure the observance of such minimum standards as may be prescribed from time to time by the Minister, including but not limited to standards relating to health, safety, service facilities and board; 17 (b) ensure that any common property is kept in good order and repair consistent with the highest standards of cleanliness, safety and hygiene, (c) promptly submit to the Registrar all timeshare plans and sales agreements in respect of each timeshare unit; (d) submit to the Registrar periodically, at such intervals as may be specified by the Registrar in writing, the names and addresses of all managing entities and sales agents, and any changes related thereto; (e) promptly submit to the Registrar any changes, amendments or variations to any timeshare plan, sales agreement, timeshare documents or any particulars specified in section 6(1) of this Act; (f) submit to the Registrar the name of his escrow agent, the escrow instructions, and any changes or variations related thereto; (f) promptly inform the Registrar of any changes in his financial position that may adversely affect the interests of purchasers; and (h) submit to the such information as the Registrar may require from time to time.