State Lands (Amendment of Schedule) (No. 2) Regulations 2011 (GN No. 204 of 2011)

State Lands (Amendment of Schedule) (No. 2) Regulations 2011 GN No. 204 of 2011 THE STATE LANDS ACT Regulations made by the Minister under section 33 of the State Lands Act 1. These regulations may be cited as the State Lands (Amendment of Schedule) (No. 2) Regulations 2011. 2. In these regulations – "Act" means the State Lands Act. 3. The Second Schedule to the Act is amended in Part IV (a) by numbering the existing provision as paragraph 1; (b) in the newly numbered paragraph 1 – (i) in subparagraph (b), by inserting, after the words "or (b)", the words "and (c)"; (ii) by deleting the words "such adjustment and reduction as may be prescribed" and replacing them by the words "adjustment and reduction in accordance with the following table – Adjustment and Reduction of Rentals Maximum Plot coverage possible percentage Annual Rental Payable (percentage of normal rental) 0<5 50 5<10 60 10<15 70 15<20 85 (c) by adding the following new paragraph – 2. With regard to eco-tourism projects in inland areas, a further reduction of annual rental by 5 per cent shall be applicable where the height of the building on the land does not exceed 7.5 metres. 4. These regulations shall come into operation on 3 December 2011. Made by the Minister on 22 November 2011.