The 11-member board of the National Home Builders Registration Council comprises nine new members. It started its work at the beginning of May.

The council has been heavily criticised for not doing enough to protect consumers against substandard work by builders.

Sexwale acknowledged yesterday that the council had not honoured the Housing Consumer Protection Measures Act.

The registration council is supposed to have huge financial reserves at its disposal as a 1.3% levy on new residential developments goes directly to it.

Sexwale's spokesman, Mandulo Maphumulo, said the purpose of yesterday's announcement was to "introduce the board members to the public".

The council still does not have a permanent CEO but is in the process of appointing one. The registration council's chairman, Brenda Madumise, said the appointment would be made by December.

Last month, Sexwale dismissed the Estate Agency Affairs Board with immediate effect and got the Special Investigating Unit to investigate amid allegations of embezzlement and mismanagement.

Part of the investigation will delve into the state of the fidelity fund, a slush fund to which all estate agencies contribute.

The fund is apparently worth almost R600-million.