Malaysia legislation
Section 24
Section 24
Payment of annual rent and premium
⎯(1) Annual rent payable in respect of any lease, and in cases where instalments of premium are to be paid, the amount of such instalments, shall be paid on or before the due date, as stipulated in subsection (2), for the payment thereof.
(2)
The due date for payment of rent or instalment of premium, as the case may be, shall be the anniversary date of the registration of the lease or the date stipulated by the Superintendent as the annual due date for payment of rent or instalment of premium.
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(3)
If payment of rent or instalment of premium is not received by the due date for payment thereof, such surcharge of the annual rent or instalment of premium, as the case may be, as may be prescribed by rules made under this Code shall be imposed.
(4)
Where rent or any surcharge thereon imposed under subsection (3) is not paid by the registered proprietor, without prejudice to section 33 or 122, the Superintendent shall be entitled to recover such rent or surcharge by way of civil proceedings.
(5)
Notwithstanding anything herein contained, a proprietor of land may pay his rent or instalment of premium before the due date for payment thereof:
Provided that the Superintendent shall not be obliged to accept payment of rent or instalment of premium for more than three years in advance.
(6)
For the purpose of this section “lease” includes a grant.
[Sub. Cap. A50.]
Sub-division