Circular No: 022/2025
Date: 14 February 2025
Dear Members of the Kuala Lumpur Bar,
The Kuala Lumpur Bar Committee has received an email notification dated 13 February 2025 from the Federal Territory Kuala Lumpur Lands And Mines Office (“PPTG WPKL“) stating that the PPTG WPKL has reviewed Rule 54(e), Federal Territory of Kuala Lumpur Land Rules 1995 (“KKTWPKL 1995”) and Section 293 of the National Land Code (Act 828). It has been stipulated that any transactions and non-transactions involving the Public Sector Home Financing Board (“LPPSA”) are subject to charges as outlined in Table 23, Rule 53 KKTWPKL 1995.
Kindly take note that effective 17 February 2025, no exemptions will be granted for any transactions and non-transactions involving LPPSA and the rate of payment as outlined in Table 23, Rule 53 of the KKTWPKL 1995 will be applicable.
Click here for the said notification for further information.
Alvin Oh Seong Yew
Chairman
Kuala Lumpur Bar Committee
Vivekananda Sukumaran
Faez Abdul Razak
Co-Chairpersons
Corporate & Conveyancing Practice Committee