National Land Code Malaysia 2018
What i had suggested at the national land.
National land code malaysia 2018. Laws of malaysia act 486 land acquisition act 1960 arrangement of sections section 1. Minister of water land and natural resources dr. Land acquisition act 1960 act 486 land conservation act 1960 act 385 national land code 1965 act 56. The publication of this act is for the sole purpose of reference only.
The laws of malaysia series lom is a compilation and reprint of laws published in volume form pursuant to section 14 a of the revision of laws act 1968 act 1 it is the only official and authentic publication of the laws of malaysia. National land code must be amended to stop foreigners from owning land. Xavier jayakumar today said his suggestion for the land codes of peninsular malaysia sabah and sarawak to be assembled into a single document has been wrongly interpreted. Yet it does not apply in the state of sabah and sarawak.
National treatment acquisitions or dealings of land by foreign investors must be approved by the relevant state authority subject to such conditions and restrictions as may be imposed by that authority. 1 in this act unless the context otherwise requires land administrator means a land administrator appointed under the national land code act 56 of 1965 or an equivalent officer by whatever name called in a state appointed under the law. The maximum term for which any lease may be granted shall be 99 years if it relates to the whole of any alienated land and 30 years if it relates to part only thereof. Syafiq ambak malaysiagazette 27 july 2018.
The national land code nlc is the law regarding land administration in the peninsular malaysia. References to the state land law shall be construed as references to the national land code as modified by the federal territory modification of the national land code. Depending on when you sell the piece of land you will be charged different rpgt. Interpretation part ii acquisition 3.
Nothing in this act can affect the previous implementation or anything that is made under any previous land law so far as they relate to land the provisions of any other law enacted before the commencement of this act. 2 this act shall apply to the states of peninsular malaysia only. Pursuant to the national land code 1965 every lease granted shall be for a term exceeding 3 years otherwise it is regarded as a tenancy. National land code act 56 of 1965 disclaimer.
Short title part i preliminary 2. If you have any knowledge of the national land code this includes leases licenses and charges where you have disposed of them. Kuching dec 11 federal minister of water land and natural resources dr a.