The Commissioner of Lands has reassured the public and business who own land that they have nothing to fear about recent steps taken to resume land in Honiara. According to the Commissioner, that land was resumed because it was undeveloped, and since that land was undeveloped, no compensation was required to be paid. The Commissioner explained further that the Government would be obliged to pay compensation if it were to take back land that had been developed. Since the Government has ‘no money’ to pay compensation, it is unlikely to take back land that has been developed. (Source: Solomon Star)
Owners of fixed-term estates and leases may want to check that they are fully compliant with the development conditions of their estate or lease. The Commissioner has been quite active since his appointment. Don’t be surprised if more land is resumed or acquired by the Government.
#dontworryimfromthegovernmentandimheretohelp
Solomon Business Blog 