1700.80 Director of the Examination Division, Office of Interstate Land Sales Registration, and Deputy.

1700.85 Director of the Land Sales Enforcement Division, Office of Interstate Land Sales Registration, and Deputy. 1700.90 Director of the Policy Development and Control Division, Office of Interstate Land Sales Registration.

1700.91 Director of the Field Review Division, Office of Interstate Land Sales Registration.

1700.95 Acting Administrator. 1700.100 Assistant Deputy Administrator.

AUTHORITY: Sec. 1419, 82 Stat. 598 (15 USC 1718).

SOURCE: 39 FR 19778, June 4, 1974, unless otherwise noted.

Subpart A-Authority and Organization

§ 1700.1 Scope of authority and purpose.

A land developer is required by the Interstate Land Sales Full Disclosure Act, Title XIV of Public Law 90-448, 82 Stat. 590, 15 USC 1701, enacted on August 1, 1968 (hereafter sometimes referred to as the Act) to make full disclosure in the sale or lease of certain undeveloped, subdivided land. The Act makes it unlawful (except with respect to certain exempted transactions) for any developer to sell or lease, by use of the mail or by any means in interstate commerce, any such land offered as part of a common promotional plan unless the land is registered with the Secretary of Housing and Urban Development and a printed property report is furnished to the purchaser or lessee in advance of

the signing of an agreem lease.

§ 1700.5 Authority of Secr

Section 1416(a) of the thority and responsibili ministration in the Secr ing and Urban Develop ter in this part referred retary), and authorizes to delegate any of his fu and powers thereunder of the Department of Urban Development.

§ 1700.10 Delegation of aut

(a) The Secretary has the Interstate Land Sale tor and the Deputy Adm of the authority to exerd and authority vested in h Act except the authority

(1) Conduct hearings i with 5 USC 556 and 557. (2) Issue orders or de after such hearings.

(3) Issue rules and regu section 1416(a) of the Int Sales Full Disclosure 1701-1720, Title XIV of and Urban Development prescribing rights of app decisions of hearing exam

(4) Transmit evidence violations of the Act to t General of the United St institution of any appropr proceedings under section the Act.

(5) Sue and be sued.

(b) The Secretary has thorized the Administrato gate any of the delegated employees of the Departm

§ 1700.15 Establishment of of

There is established, as a tional unit of the Dep Housing and Urban Develo Office of Interstate Land S tration.

§ 1700.20 Administrator.

The Office of Interstate Registration is headed by state Land Sales Administ shall be designated by the S