67Requirements relating to scheme

67 Requirements relating to scheme (1) The regulations may prescribe requirements in relation to a scheme intended to be developed progressively. (2) Without limiting subsection (1), the regulations may prescribe: (a) the provision and maintenance of security by the developer or another person: (i) as approved by the schemes supervisor under the regulations; or (ii) as otherwise provided by the regulations; and (b) the conditions under which a person may be taken to be the developer of the scheme under the regulations, including, for example: (i) the qualifications of the person; and (ii) the approval of the transfer of the developer’s rights to the person.