Land (Compulsory Sale for Redevelopment) Ordinance (Chapter 545).
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LEX-FAOC072901
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1
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This Ordinance provides for a person who owns not less than 90 percent of undivided shares in a lot to apply to the Lands Tribunal for a compulsory sale of the whole lot for the purpose of redevelopment.Other provisions include: lot to be sold by auction and default on payment by the purchaser of the lot; registration of order for sale; and application of proceeds of sale.
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