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Article: Increased penalties for errant developers (HL)
- Article from:
- New Straits Times
- Article date:
- February 17, 2000
- Author:
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M.K. Megan
New Straits Times
02-17-2000
Increased penalties for errant developers (HL)
Byline: M.K. Megan
Edition: Main/Lifestyle; 2*
Kuala Lumpur --
KUALA LUMPUR, Wed. - The Housing and Local Government Ministry plans to increase penalties for errant housing developers who fail to keep it informed of project progress every six months.
The Ministry's latest move to rein in developers, however, comes from a position of weakness - it has not taken action against a single developer for infringing the requirement.
Under the Housing Developers (Control and Licencing) Act 1966 (Act 118) Regulations 1989 and 1991, developers who breach Section 19 (C) (c), can be fined not more than RM10,000 or ...