The Act amends the Aliens Landholding Regulation Act by inserting a new section 5A on obligations of aliens who acquire land under section 5. On acquiring land, under section 5 for an approved development the alien shall - (a) make an application for development permission under the Physical Planning Act, 2002 within six months of acquiring the land; and (b) commence construction of the approved development within one year of receipt of development permission under the Physical Planning Act, 2002. “Approved development” means a tourism real estate development or other new development project with a minimum investment of three million dollars that has been approved by Cabinet.
Amends: Aliens Landholding Regulation Act, 1995 (No. 17 of 1995). (1995-05-15)
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Dominica was the last of the Caribbean islands to be colonized by Europeans due chiefly to the fierce resistance of the native Caribs. France ceded possession to Great Britain in 1763, which colonized the island in 1805. In 1980, two years after independence, Dominica's fortunes improved when a corrupt and tyrannical administration was replaced by that of Mary Eugenia CHARLES, the first female prime minister in the Caribbean, who remained in office for 15 years.