This Act concerns the alienation of freehold to foreigners. Sections 4 and 5 define the application sphere of the Act with respect to alienation of land to foreigners. Where any alienation to which this Act applies is entered into, the transaction shall be deemed to be entered into in contravention of this Act, unless an application for the written consent of the Head of State to the transaction is made in writing to the Minister within 3 months after the date of the transaction or within such further time as may be allowed by the Minister. No person shall enter into any transaction in contravention of this Act, whether as vendor, purchaser, lessor, lessee, or otherwise, and whether as principal or agent, or procure or induce any other person to enter into any transaction in contravention of this Act.
Amended by: Land for Foreign Purposes Act 1993. (1992-02-11)
Autores y editores
Rudolph Hupperts (LEGN)
Proveedor de datos
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