6/14/2023 0 Comments National land codeOn amendments to the STA, the amendments would facilitate strata title applications, especially for old buildings and the issuing of strata titles and correspond with LAA amendment for the land acquisition involving stratified schemes The crucial part of the amendment is the introduction of the Rent of Parcel (includes any fee or the fee payable to the state authority annually imposed on a parcel or a provisional block as if it were rent or land revenue as defined under S5 of NLC) where the obligation to pay quit rent is transferred from the management corporation (“ MC”) to the individual parcel owner and Part VIIIA to facilitate the implementation of acquisition under LAA. The amendments of the act would also take into account the needs to provide corresponding provisions (corresponding amendments), in line with the amendments of the STA and the LAA. ![]() The amendments of the NLC are aimed at improving registration procedures and service delivery, the revenue collection system, disposal procedures and land development. The National Land Council has agreed to amend and improve the National Land Code (Act 56/1965) (previous amendment in 2008) (“ NLC”), Land Acquisition Act 1960 (previous amendment in 1998) (“ LAA”), and the Strata Titles Act 1985 (previous amendment in 2013) (“ STA”).įor the NLC, it involved amendments to more than 70 sections including the introduction of three new sections, as well as new procedures for the extension of title term, parcel tax and electronic submission.
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