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Selling your properties to foreigners?

Prior to March 25, 1985, there was no restriction as far as origin, race and citizenship went with regard to ownership of land in Malaysia. Pursuantto Act ASS7 of 1984 (hereinafter referred to as "the 1984 Amendment"), Part ThirtyThree (A) was inserted in the National Land Code, the effect...

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Main Author: Awang, Adibah
Format: Conference or Workshop Item
Language:English
Published: FKSG, UTM 1997
Subjects:
H Social Sciences (General)
Online Access:http://eprints.utm.my/id/eprint/4915/1/land_investment.pdf
http://eprints.utm.my/id/eprint/4915/
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spelling my.utm.49152017-07-24T06:19:42Z http://eprints.utm.my/id/eprint/4915/ Selling your properties to foreigners? Awang, Adibah H Social Sciences (General) Prior to March 25, 1985, there was no restriction as far as origin, race and citizenship went with regard to ownership of land in Malaysia. Pursuantto Act ASS7 of 1984 (hereinafter referred to as "the 1984 Amendment"), Part ThirtyThree (A) was inserted in the National Land Code, the effect of which was to impose restriction on foreign ownership of landed properties. In the case of land subject to the category "agriculture", there was an absolute prohibition on its dealings in favour of foreigners. But in the case of land subject to the category "building", a disposal could be effected in favour of a non-citizen upon the prior written consent of the State Authority. Any acquisition of land in contravention of these provisions shall be null and void. However, land subject to the category "inqu~try:~call b_e acquired freely by the foreigners. FKSG, UTM 1997-03 Conference or Workshop Item PeerReviewed application/pdf en http://eprints.utm.my/id/eprint/4915/1/land_investment.pdf Awang, Adibah (1997) Selling your properties to foreigners? In: Seminar on Land Investment Current & Future, 25-26 March1997, Swiss Garden Hotel, Kuala Lumpur.
institution Universiti Teknologi Malaysia
building UTM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Malaysia
content_source UTM Institutional Repository
url_provider http://eprints.utm.my/
language English
topic H Social Sciences (General)
spellingShingle H Social Sciences (General)
Awang, Adibah
Selling your properties to foreigners?
description Prior to March 25, 1985, there was no restriction as far as origin, race and citizenship went with regard to ownership of land in Malaysia. Pursuantto Act ASS7 of 1984 (hereinafter referred to as "the 1984 Amendment"), Part ThirtyThree (A) was inserted in the National Land Code, the effect of which was to impose restriction on foreign ownership of landed properties. In the case of land subject to the category "agriculture", there was an absolute prohibition on its dealings in favour of foreigners. But in the case of land subject to the category "building", a disposal could be effected in favour of a non-citizen upon the prior written consent of the State Authority. Any acquisition of land in contravention of these provisions shall be null and void. However, land subject to the category "inqu~try:~call b_e acquired freely by the foreigners.
format Conference or Workshop Item
author Awang, Adibah
author_facet Awang, Adibah
author_sort Awang, Adibah
title Selling your properties to foreigners?
title_short Selling your properties to foreigners?
title_full Selling your properties to foreigners?
title_fullStr Selling your properties to foreigners?
title_full_unstemmed Selling your properties to foreigners?
title_sort selling your properties to foreigners?
publisher FKSG, UTM
publishDate 1997
url http://eprints.utm.my/id/eprint/4915/1/land_investment.pdf
http://eprints.utm.my/id/eprint/4915/
_version_ 1643644184204148736
score 13.211869

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