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Library Aliens Landholding Regulation Act, 1992 (Act No. 4 of 1992).

Aliens Landholding Regulation Act, 1992 (Act No. 4 of 1992).

Aliens Landholding Regulation Act, 1992 (Act No. 4 of 1992).

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LEX-FAOC006527
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The 18 sections of this Act are divided into 7 Parts: Preliminary (I); Holding of unlicensed aliens (II); Specific provisions in respect of alien companies (III); Restrictions on trust in favour of aliens (IV); Exemptions in respect of aliens (V); Procedure and evidence (VI); Supplemental (VII)."Alien" means a person or who is not a citizen of the Commonwealth of Domenica, including companies of which a share of one third or more is hold by aliens (sect. 2). No unlicensed alien shall hold land or an interest in land other than in the circumstances as specified in subsection 3(3) (subsect. 3(1)). Land held contrary to subsection 3(1) shall be forfeited to the State (subsect. 3(2)). Subject to section 3(3) any agreement to hold land or an interest in land shall not vest any interest in land in the purchaser unless a licence to hold land or interest is obtained (sect. 5).

Repealed by: Aliens Landholding Regulation Act, 1995 (No. 17 of 1995). (1995-05-15)

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