Insights

Update: Amendments to the Maldives Tourism CP Extension Regulation

The Maldives Government has on 8th November 2023 introduced the first amendments to the 2022 tourism regulation, ‘Regulation on the Extension of Construction Period and Deferment of Rent and Fines of Places Leased for Tourism Purposes’ (Regulation No: R-236/2022) (“CP Extension Regulation”) governing aspects of granting extensions to the constructions

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