Acquisition Of Lands Companies in Malaysia

The Land Acquisition Act 1960 is the main legislation governing the acquisition of land in Malaysia. The Act provides for the acquisition of land for public purposes and payment of compensation to the owners of the land. The Act also sets out the procedure for the acquisition of land.

The Land Acquisition Act 1960 is administered by the Ministry of Natural Resources and Environment. The Land and Mines Department is the implementing agency for the Act.

Under the Act, the government may acquire land for any public purpose. The public purpose must be specified in the order of acquisition. The government may also acquire land for a company to be formed for any public purpose.

The government may acquire land by agreement with the owner of the land or by compulsory acquisition. Compulsory acquisition can only be done if the land is needed for a public purpose and the owner of the land refuses to sell the land.

The government must give notice to the owner of the land of its intention to acquire the land. The notice must specify the public purpose for which the land is needed and the compensation that will be paid to the owner of the land.

The owner of the land may object to the acquisition of the land. The objection must be made within 14 days of the notice of acquisition. The objection must be made in writing to the Director General of Lands and Mines.

The Director General of Lands and Mines will refer the objection to the Minister of Natural Resources and Environment. The Minister will consider the objection and decide whether or not to proceed with the acquisition.

If the Minister decides to proceed with the acquisition, the Minister will make an order for the acquisition of the land. The order must be published in the Gazette.

The owner of the land may appeal to the High Court against the order for acquisition. The appeal must be made within 30 days of the date of the order.

The compensation for the acquisition of the land must be paid to the owner of the land. The compensation must be paid within 30 days of the date of the order for acquisition.

The Land Acquisition Act 1960 does not apply to the Federal Territories of Kuala Lumpur and Labuan. The Land Acquisition Act 1965 applies to the Federal Territories of Kuala Lumpur and Labuan.