Tuesday, July 19, 2011

Quit Rent

  • land may only be alienated by the State in consideration of the payment of an annual rent - which is referred to as 'quit rent ' ( cukai tanah ) . 
  • Quit rent is subject to periodic revision by the State . 
  • If the land owner fails to pay quit rents in arrears , the land may be forfeited to the State .

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