Sector. All Sectors Sub-Sector: - Industry Classification: - Level of Government: Central Type of Obligation: National Treatment Description of Measure: National Treatment shall not apply to: 1. any measure affecting all land transactions and use, which shall be subject to approval and consent by His Majesty-in-Council including, but not limited to: i) ownership and lease of land; and ii) the conditions on which such land shall be held. 2. any measure affecting all transactions and use of non-landed property (strata title), which shall be subject to approval by the relevant committee (Komiti bagi Mempertimbangkan Permohonan Pindahmilik Strata) chaired by the Minister of Development, which may be imposed, including but not limited to: i) ownership and lease of the property; ii) number of years of lease of the property; iii) maximum number of units allowed; and iv) the conditions on which the property shall be held. Source of Measure: - Land Code, Revised Edition 1984 (Chapter 40) - Land Code (Strata), Revised Edition 2000 (Chapter 189) - The Control of Subdivision and Consolidation of Land Regulation 1973 - The Control of Development and Use of Land and Building Regulation 1974 - Town and Country Planning Xxx 0000 - Administrative Measures and Guidelines
Appears in 105 contracts
Samples: Asean Comprehensive Investment Agreement, Asean Comprehensive Investment Agreement, Asean Comprehensive Investment Agreement