Malaysia legislation
Section 9
of Land Custody and Development Authority Ordinance, 1981 ( Ord. No. 4/81 )
Section 9
The objects and functions of the Authority shall be⎯
(a)
to formulate and carry out in any area which has been declared to be a Development Area under section 11 projects and schemes for⎯
(i)
development, redevelopment, settlement and resettlement of land;
(ii)
economic and social development;
(iii)
residential, commercial, agricultural and industrial development;
[Am. Ord. No. 9/85.]
(b)
to act as trustee or managing agent for any owner of land within a Development Area, and to assist the owners of such land to facilitate or enhance the development thereof towards achieving better economic usage so as to realize their economic potentials.
[Sub. Cap. A150/2011]
(c)
to co-ordinate, manage and supervise such activities whether or not the undertaking in question is carried on on any land owned by or vested in the Authority in a Development Area;
(d)
to provide loans, advances and other credit facilities for development;
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Ord. No. 4/81
(e)
to provide facilities and amenities to owners for the development and settlement of their land in a Development Area;
(f)
to act, in transactions relating to land within the Native
Area Land or Native Customary Land, as a purchaser of last resort of such land; and
(g)
to undertake such other functions as the Yang di-Pertua
Negeri may from time to time direct.
Powers of the Authority