MALAWI HOUSING CORPORATION: SUBSIDIARY LEGISLATION
MALAWI HOUSING CORPORATION (LOANS FOR INSTALLATION FOR PRIVATE WATER SUPPLIES) BY-LAWS
under ss. 3 (2) (g) and (h) and 16 (c)
G.N. 69/1965
These By-laws may be cited as the Malawi Housing Corporation (Loans for Installation of Private Water Supplies) By-laws.
In these By-laws ‘‘plot holder’’ means any person occupying a plot in a housing area or estate administered by the Malawi Housing Corporation.
The Corporation may grant a loan to a plot holder covering, in whole or in part, the cost of installing an individual water supply to his plot:
Provided that—
(a) the plot holder pays to the Corporation a sum of not less than K10 towards the cost of installing the water supply;
(b) the amount of the loan does not exceed K 30;
(c) the plot holder pays interest on the loan at such rate as may be prescribed by the Corporation with the prior approval of the Minister;
(d) the loan is repaid over a period not exceeding five years.
4. Discontinuance of Water Supply
The Corporation may disconnect, or may instruct the Water Board for the area concerned to disconnect, an individual water supply in the event of failure on the part of the plot holder to pay either—
(a) any instalment of the loan repayment and interest when it becomes due; or
(b) the charge for water consumed.
The supply may be reconnected on payment by the plot holder of all charges outstanding, together with such reconnexion fee as the Corporation or the Water Board, as the case may be, may prescribe.
An application for a loan shall be made in such form or in such manner as the Corporation may prescribe.
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