Malaysia legislation

Section 23C

of *STRATA TITLES ACT 1985

Section 23C

Determination and computation of rent

(a)

the Land Administrator shall determine the amount of rent;

and

(b)

the Registrar shall—

(i)

make a memorial on the register and issue documents of titles to the lot, the date that the rent of the lot ceased to be effective and rent of parcel or provisional block comes into operation, notwithstanding anything contained in the title of the lot; and

(ii)

endorse on the documents of strata titles with the amount of rent.

(2)

The Registrar shall make a memorial or an endorsement to the existing issue document of title of the lot and the existing issue document of strata title pursuant to subparagraph (b)(i) or (ii) when those titles are produced to him.

(3)

The rent reserved in respect of parcel or provisional block shall becomes payable from the beginning of the calendar year.

(4)

In relation to the existing documents of strata titles, the rent of parcel or provisional block becomes payable from the beginning of the calendar year.

(5)

In relation to the documents of strata titles registered after the coming into operation of section 4C, the rent becomes payable from the beginning of the calendar year next following.

(6)

The rent payable in relation to any calendar year shall fall due in full on the first day of that year and, if not sooner paid, shall be treated for the purpose of this Act as becoming in arrears on the first day of June in that year.

(7)

For the purpose of subsection (6), subsection 94(2) of the

National Land Code and the modification as stated in paragraph 1 of the

Twelfth Schedule to the National Land Code shall be applicable.

58 Laws of Malaysia ACT 318

(8)

For the purpose of paragraph (1)(a), the rent of parcel or provisional block—

(a)

shall be computed on the basis of a rate per square metre for each parcel, or parcel and accessory parcel, or provisional block, as the case may be; and

(b)

the arrears of rent of the lot may be—

(i)

included in proportion to the share units and provisional share units; or

(ii)

recoverable by any other manner prescribed.

(9)

Where the rent computed in relation to any parcel or provisional block is or includes a fraction of a ringgit, it shall be rounded up to one ringgit or to the nearest ringgit above the amount so computed, as the case may be.

(10)

The provisions of this section shall have effect subject to any remission or rebate of rent granted or allowed pursuant to rules made under paragraph 81(1)(aa) and to any authorization granted for the payment by installments or deferment of payment of any rent.

Where rent payable