13
Completion of building/payment of instalments
Act: Baluchistan Buildings Control Ordinance 1979
Section Provisions
BALOCHISTAN BUILDINGS CONTROL ORDINANCE, 1979 BALOCHISTAN BUILDINGS CONTROL ORDINANCE, 1979 [ORDINANCE NO. VI. OF 1979] [Gaz. of Bal. Ext., 5th July, 1979] An Ordinance to provide for regulation of the planning, construction, control and demolition of buildings and disposal of buildings and plots in the Province of Balochistan. 13. Completion of building/payment of instalments.--(1) Where a building has not been completed by the date mentioned in the advertisement the builder shall be liable to pay interest at such rate not exceeding the rate charged by a Scheduled Bank and in such manner as may be prescribed to the buyer of the building on the amount of the sale price paid by such buyer for the period by which the completion of the building has been delayed. (2) Where a person has purchased a building on instalments in response to the advertisement under section 12, and has failed to pay any instalment in time, he shall be liable to pay interest on the amount of the unpaid instalments at such rate not exceeding the rate charged by a Scheduled Bank, as may be prescribed.