The Upside & Downside of the Landbank

The landowners who place their land in the Land Bank seeking a better ‘return’ for the short term should now understand that in the long term once they deposit their land with the Land Bank, they lose all rights to any lease conditions. This was confirmed by the Director of the Land Bank Samuela Naicegucegu two weeks ago to landowning units in Nawailevu in Bua.

Landowners should be aware of the ‘small print’ and compare the long term potential loss against the short term gains before committing.

Read the Fiji Times Article Here