The purpose of this Act is to prescribe rules for land acquisition by foreigners within the territory of the Republic of Korea. “Foreigner” is defined in article 2. As far as corporations are concerned, substantially at least of the corporation shall be foreign so as to qualify as foreigner. Article 3 outline the principle of reciprocity, i.e.
The purpose of this Act is to prescribe matters necessary for land acquisition, etc. of foreigners within the territory of the Republic of Korea. “Foreigner” is defined in article 2. As far as corporations are concerned, substantially at least of the corporation shall be foreign so as to qualify as foreigner. Article 3 outline the principle of reciprocity, i.e.
The present Regulation is enacted under the Agricultural Service Board Act. In particular, Schedule A contains the form for land registration pursuant to section 12(3) of the afore-mentioned Act and Schedule B the form for land registration implementing section 15(1). The text consists of 3 sections.
Implements: Agricultural Service Board Act (RSA 2000, c. A-10). (2010-11-01)
The present Regulations enact subsection 107(2) the Canada Petroleum Resources Act. In particular, the Regulations lay down provisions relating to oil explorations in frontier lands. The text – consisting of 21 sections deals with the following matters: prescribed royalty, exemption, payment of prescribed royalty, deferral of royalty, certification of an abandonment and restoration royalty trust, return allowance, certification of qualified frontier exploration expenses, reports and returns, interest, penalties and refunds.
The present Regulations enact the Canada Petroleum Resources Act. In particular, the Act lays down provisions relating to the administration and registration of interests and instruments in relation to frontier lands and fees to be paid. The text - consisting of 21 sections - deals with the following matters: prescribed royalty, payment of prescribed royalty, certification of an abandonment and restoration, royal trust, certification of qualified frontier exploration expenses, reports and returns, interest, penalties and refunds. Two Schedules are enclosed.
This Chapter lays down the rule that real property within the Territory of Guam is governed by the law of Guam except where the title is in the United States.
These Regulations, made in terms of section 45 of the Communal Land Reform Act, provide with respect to a wide variety of matters concerning communal land and communal land rights. Part I deals with (application for) customary land rights. It specifies the maximum size of land that may be held under customary land right and specifies particulars pertaining to allocation of customary land right.
This Decree adds a new 1/A Section to the Basic Text in which the following rules are set forth. Contrary to certain provisions of Section 1 of the Basic Text, the acquisition of real estate by a foreign natural person settling in Hungary as an independent entrepreneur must be authorized pursuant to a separate act, if such property is essential for pursuing the business activities for which the foreign natural person settled. No property intended to be acquired for the purpose of a real estate transaction shall be construed as essential for business activities.
The present Act lays down provisions concerning the acquisition of immovable property by non residents, which basically shall be prohibited, except for certain circumstances under which such acquisition shall be allowed (those specified in article 5). As a general rule, A person, other than a physical or a non resident person, may acquire by an act inter vivos immovable property in Malta without the necessity of obtaining a permit under this Act where such immovable property is required for the purpose of carrying out the activity for which it has been set up.
These Regulations supplement the Immovable Property (Designation of Special Areas) Regulations by inserting new regulations 4 and 5. These new provisions concern further circumstances under which the Minister of Finance is entitled to issue an order designating an area as a Special Designated Area, upon application by non residents who intend to acquire immovable property.
Amends: Immovable Property (Designation of Special Areas) Regulations, 2006 (L.N. 227 of 2006). (2006)
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