50% Off For Federal Land Lessees Affected By Covid-19 – Shamsul Anuar

July 19, 2021

KUALA LUMPUR – A 50% discount will be given to federal land lessees who are involved in sectors that have been badly affected by the Covid-19 pandemic, said Energy and Natural Resources Minister Datuk Seri Shamsul Anuar Nasarah.

In a statement today, he said that the 50% discount from the value of this year’s annual lease rate was given to lessees who met the criteria set by the Federal Land Commissioner.

He said those who did not meet the criteria can submit an application to reschedule lease payments for this year and for late fee waivers to the Federal Land Commissioner.

“It is hoped that this initiative can help lessees restructure their cash flow and sustain their businesses, as well as avoid the land being left untended,” he said.

Shamsul said the initiative also demonstrates the government’s concern over the plight of federal land lessees involved in hard-hit sectors such as tourism, hospitality and aviation.

– Bernama

Source: https://www.bernama.com/en/news.php?id=1983842

The Vibes: https://www.thevibes.com/articles/news/35274/50-off-for-federal-land-lessees-affected-by-covid-19-shamsul-anuar

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