s 7 Prohibition of transfers of housing accommodation
7.—(1) Except with the Minister’s prior written consent, a person must not —(a) between the date an application to purchase any housing accommodation is made under the executive condominium scheme and the date of issue of the temporary occupation permit in respect of the housing accommodation; or (b) within the minimum occupation period, transfer the housing accommodation, or any estate or interest therein, to any other person, whether for consideration or by way of gift inter vivos or otherwise, or create any trust for sale in respect of the housing accommodation, or any estate or interest therein, in favour of any other person. (2) Any transfer made or trust created in contravention of subsection (1) is void. (3) Any person who contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000.