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Report progress or risk jail
04/05/2001 NST-PROP
DEVELOPERS have been given a final warning to submit progress reports on
their projects and financial standing to the Ministry of Housing and Local
Government or face a fine or jail sentence.
Minister of Housing and Local
Government Datuk Seri Ong Ka Ting said that he has repeatedly warned
developers to submit their Form 7F on time but despite these warnings there
are still those who have failed to do so. Those who fail to submit their
forms once every six months could face a fine of up to RM100,000 or three
years' imprisonment.
Although 1,846 developers or
about 70 per cent, of the total number of developers in the country had
submitted the forms, the ministry is still concerned over those that have
yet to do so. Ong said he would be meeting with the respective State
Governments to discuss better methods of enforcement over such developers.
On the issue of the Housing
Developers Act and the Building and Common Property (Maintenance and
Management) Bill, Ong said drafts of the amendments to the Act and proposed
Bill had been submitted to the Attorney-General's Chambers and are expected
to be tabled at the next Dewan Rakyat sitting. He said the Housing
Developers Act would be renamed the Housing Development Act to better
reflect its form and function. |
