Section 35
Surrender of land
of Housing Development Corporation Ordinance, 2002
—
(1)
The Corporation may, or if so directed by the Majlis
Mesyuarat Kerajaan Negeri shall, surrender to the Government any land which is no longer required by the Corporation for the purposes of discharging its functions and responsibilities under this Ordinance.
(2)
Where the Corporation is required by the Majlis Mesyuarat
Kerajaan Negeri to surrender any land to the Government, the
Corporation may be paid compensation for any improvements which the Corporation has made to the land since its vesting in or acquisition by, the Corporation. Such compensation shall be assessed by a valuer appointed by the Director of Lands and Surveys.