Aug 10, 2012
PUTRAJAYA: An amendment to the Strata Titles Act is to be tabled at the next session of parliament to, among other things, resolve the delay in the issuing of strata titles.
The National Land Council today discussed the matter at its meeting chaired by Deputy Prime Minister Tan Sri Muhyiddin Yassin at the Perdana Putra Building, here.
A statement issued after the meeting said the amendment would provide for the reduction of the period for issuing of the strata title from 170 working days to less than 100 working days.
The Strata Titles (Amendment) 2012 Bill would also look at issuing strata titles and vacant possession simultaneously, it said.
The meeting also looked at the progress in the settlement of arrears of land transactions and performance of the transfer of land registration in one day in the administration of state land as well as the implementation of the standardisation of timber royalty rates in the peninsula in accordance with the decision of the National Forestry Council on Feb 13, 1996.
-- BERNAMA
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