Private land consists of registered land held by any person under any freehold term and held by any person under leasehold term and any other land declared private land under an Act of Parliament.
Landholding by non-citizens
A person who is not a citizen may hold land on the basis of leasehold term only, and any such lease, however granted, shall not exceed ninety-nine years.
If provision of any agreement, deed, transport or document of any nature claims to confer on a person who is not a citizen an interest in land, greater than 99 years lease, the condition will be regarded as giving the person a 99 year leasehold interest and no more.
A body company will be regarded as a citizen only if the body company is completely owned by one or more citizens and a property and held in trust will be regarded as being held by a citizen only if all the beneficial interest of the trust is held by the people who are citizens. The parliament may perform legislation to make further conditions for the operation.
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