Section 10
Payment of booking fee
of Housing Development Control And Licensing Rules 2008
State Subsidiary LegislationIn forceProvision 10 of 12
Section 10
(1)
A purchaser of housing accommodation including the land shall not be required to pay a booking fee of a sum exceeding two point five per centum (2.5%) of the purchase price of such housing accommodation including the land.
(2)
Notwithstanding subrule (1), no purchaser of a housing accommodation including the land shall be required to pay a booking fee of a sum exceeding one thousand ringgit.
(3)
For the purpose of this rule, the term “booking fee” shall include any payment by whatever name called which payment gives the purchaser an option or right to purchase the housing accommodation including the land.
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