Acquisation Of Land Companies in Malaysia
The Land Acquisition Act 1960 is the Malaysian law governing the acquisition of land by the government for public purposes. The Act provides for the payment of compensation to the owners of the land acquired and sets out the procedure for the acquisition.
The Land Acquisition Act was first enacted in Malaysia in 1960, soon after the country attained independence from Britain. The Act was modeled after the Land Acquisition Act 1894 of India, which was itself based on the English Land Acquisition Act 1845.
The Land Acquisition Act 1960 has been amended several times since it was first enacted, most recently in 2012. The 2012 amendment came into effect on 1 January 2013 and made several changes to the Act, including raising the amount of compensation that must be paid to landowners.
Under the Land Acquisition Act, the government may acquire land for any public purpose that is deemed to be in the national interest. The most common reasons for land acquisition in Malaysia are for the construction of roads, railways, and other infrastructure projects.
Once the government has decided to acquire a piece of land, it must first give notice of its intention to the landowners. The landowners are then given the opportunity to object to the acquisition. If the landowners do not object, or if their objection is unsuccessful, the government
The Land Acquisition Act was first enacted in Malaysia in 1960, soon after the country attained independence from Britain. The Act was modeled after the Land Acquisition Act 1894 of India, which was itself based on the English Land Acquisition Act 1845.
The Land Acquisition Act 1960 has been amended several times since it was first enacted, most recently in 2012. The 2012 amendment came into effect on 1 January 2013 and made several changes to the Act, including raising the amount of compensation that must be paid to landowners.
Under the Land Acquisition Act, the government may acquire land for any public purpose that is deemed to be in the national interest. The most common reasons for land acquisition in Malaysia are for the construction of roads, railways, and other infrastructure projects.
Once the government has decided to acquire a piece of land, it must first give notice of its intention to the landowners. The landowners are then given the opportunity to object to the acquisition. If the landowners do not object, or if their objection is unsuccessful, the government
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