Malaysia legislation
Section 70
Section 70
Change in the ownership of National Heritage
(a)
inheritance; or
(b)
sale, with the prior approval of the Commissioner.
(2)
Where the owner, custodian or trustee intends to sell a
National Heritage, that owner, custodian or trustee shall give priority to the Commissioner to purchase that National Heritage on an agreed value or upon the instruction of the Commissioner to deal with in such manner that the Commissioner deems fit.
National Heritage 49
(3)
Where there is any dispute between the Commissioner and the owner as to the reasonable compensation for such National
Heritage, such dispute shall be referred to the Minister whose decision shall be final.
(4)
Where a sale is effected pursuant to paragraph (1)(b) the owner, custodian or trustee and the purchaser shall inform in writing to the Commissioner within thirty days after the change in ownership and the Commissioner shall cause to be made the necessary amendment in the Register.
Listing of the National Heritage in the Register