Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1697796976998.pdf (Guyana)
Bill No.

1 of 1965 \u.

390 PUBLISHED 1sT MAY.

1965 ",iA- LEGISLATURE, Public Buildings, Georgetown.

23rd April, 1965.

The following Bills which will be introduced in the House of Assembly are published for general information.

E. V. VIAPREE, Clerk of the Legislature.

BILL No.

1 OF 1965.

SELF-HELP HOUSING (SECURITIES) BILL, 1965.

Arrangement of Sections.

Section 1.

2.

3.

Short title.

Interpretation.

Receipt given by a self-helper to be governed by certain provisions of the Housing Ordinance.
4.

Validation of obligation to execute a deed of mortgage.

A BILL Intituled AN ORDINANCE to provide that certain provisions of the Housing Ordinance apply to receipts executed by persons participating in certain self-help housing schemes.

Enacted by tlfe Legislature of British Guiana :— A.D. 1965.

1.

This Ordinance may be cited as the Self-Help Housing Short title.

(Securities) Ordinance, 1965.

2.

In this Ordinance — Interpretation.


"agreement" means an agreement made between any per- son and the Government of British Guiana providing for that person's participation in any self-help housing scheme; "self-helper" means a person who has signed an agreement; "the Ordinance" means the Housing Ordinance.

Cap.

122.

3.
Cap.

122.

3.

Where before or after the commencement of this Ordi- Receipt given .pance a self-helper pursuant to the terms of an agreement executed or .3;14.ffsilc!be executes, as the case may be, a form of receipt which is substantially geo:ter.nedproby in the form set out in the first schedule to the Ordinance the provisions visions of the of subsections (18), (19), (20), (21) and (22) of section 13 of the Ordi-g=e.
nance shall apply to such form of receipt as if the loan mentioned in the aforesaid receipt were a loan made by the Central Housing and Planning Authority to the self-helper under the provisions of the Ordi- nance and the receipt properly executed under the provisions of the Ordinance.

2 4.
Any provision in an agreement imposing an obligation on Validation of obligation to execute a deed a person to execute a deed of mortgage is hereby declared to be and of mc'rtgage' shall be deemed always to have been valid for all purposes from the time when the said obligation arose and the execution of a receipt which is substantially in the form set out in the first schedule to the Ordinance by the self-helper is hereby declared to be and shall be deemed always to have been a sufficient discharge of that obligation.
OBJECTS AND REASONS Between 1954 and 1958 funds for self-help housing schemes were provided by the Government pursuant to agreements entered into by the Government and the self-helpers.

2.

The self-helper was required by the terms of the agreement to execute a deed of mortgage but the self-helper executed a receipt in the form specified in the first schedule to the Housing Ordinance which was accepted by the Government as a discharge of the obligation to execute a deed of mortgage.

3.
3.

The Housing Ordinance only applies to loans made by the Central Housing and Planning Authority and under the Ordinance special provisions are enacted deeming these receipts mortgages.

These provisions however do not apply to loans made by the Government.

4.
4.

Accordingly the purpose of this Bill is to make the provisions of the Housing Ordinance apply to receipts made by self-helpers in favour of the Government whether in the past or in the future, and to provide that such receipts shall be deemed to be a sufficient discharge of the obligation to execute a deed of mortgage.

(HTP: 342/71/1 V).

(Bill No.

1/1965).

NEVILLE J. BISSEMBER, Minister of Health and Housing.

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