Malaysia legislation
Section 4
Section 4
(a)
to carry out the duties conferred on him by this Act;
(b)
to collect and collate—
(i)
such information as the Director General thinks necessary to assist officers and valuers in the making of valuation;
and
(ii)
such information as the Director General thinks necessary on all or any property-related matters;
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(ba) to publish information collected and collated under paragraph
(b)
, except where such information has been classified as confidential by, or on behalf of, the Government or any State
Government;
(bb) to provide information and advice to the Government and any
State Government or any person on property-related matters;
(bc) to provide education services, training services, research services and other services that are related to the functions of the Director
General under this Act to the Government and any State
Government or any person; and
(c)
generally to investigate and report to the Minister on any matter he considers likely to improve the standards of valuation, estate agency and other property services in Malaysia.
(1A)
For the purposes of providing research services under paragraph
(1)
(bc), the Director General may—
(a)
carry out basic or applied research;
(b)
provide advisory or consultation services;
(c)
commission or employ any person to undertake the research;
(d)
disburse any grant; and
(e)
co-ordinate the carrying out of research undertaken by the
Director General or any other person.
(2)
The Director General shall carry out all or any of the following functions for the Government or for any State Government and may carry out such functions for any local authority, statutory body or body corporate in which the Government or the State Government has an interest and further may carry out such functions for any other person as the Minister may determine:
12 Laws of Malaysia ACT 242
(a)
do the valuation of all lands and buildings including furniture, fixtures, trade stocks, plant or machinery and other effects;
(b)
do the valuation of lands and buildings required for feasibility studies, court proceedings, arbitration or other purposes;
(c)
act as estate agent including negotiating for sales, purchases, rentals and lettings by agreement, auction or tender; and
(d)
do property management, project management and the making or checking of inventories of furniture, fixtures, trade stocks, plant or machinery and other effects.
(3)
With regard to paragraphs (1)(b) and (bb), the Director General may, except where such information has been classified as confidential by or on behalf of the Government or any State Government, in his discretion supply any person or class of persons with any information collected or collated by him upon payment of such fees or charges as may be prescribed by the
Minister.
(3A)
The information that may be supplied under subsection (3) may include—
(a)
the details of any sale or transfer of land, buildings and any interest therein;
(b)
information on the status of supply and demand of property;
(c)
information on the availability of financing for the purchasing or development of property;
(d)
information on movements in the price and rental of property;
(e)
information on property development (including development costs), property investment and property management in all or any of the sectors of the property market; and
(f)
information necessary for the development of property market indices and cost indices.
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(4)
With regard to the services mentioned in paragraph (1)(bc) and subsection (2), the Director General may, except where the service is rendered to the Government, charge any person or class of persons such fees and charges as may be prescribed by the Minister.
(5)
The fees and charges prescribed under this section may be reduced, waived or refunded as the Minister thinks fit.
Access to lands, buildings, etc.