Malaysia legislation
Section 3
of AKTA PEMAJUAN PERUMAHAN (KAWALAN DAN PELESENAN) (PINDAAN) 2012
Seksyen 3
Pindaan seksyen 6
(a)
dalam perenggan (1)(a) dan (b), dengan menggantikan perkataan “not less than two hundred thousand ringgit”
dengan perkataan “a sum equivalent to three per cent of the estimated cost of construction as certified by an architect in charge of the housing development”; dan
(b)
dengan memasukkan selepas subseksyen (1a) subseksyen yang berikut:
“(1b) For the purpose of paragraphs (1)(a) and
(b)
, “estimated cost of construction” means the cost of constructing a housing development and includes financial costs, overhead costs and all other expenses necessary for the completion of the housing development but excludes land cost.”.
Pindaan seksyen 7b