June 23, 200620 yr The following appears in the June 23 issue of the PATTAYA MAIL. I don't know how much help this article will be to those who are in jeopardy because of the regulation enforcement, but at least you'll know you're not alone in your concerns. Unfortunately, there still is no hint as to how all of this will eventually play out. _____ Property Law Enforcement Changes Discussed at PBTA Meeting as Property Developers Start Losing Billions Discussions and clarifications sought with MOI Ariyawat Nuamsawat One of the hot topics discussed at the monthly Pattaya Business and Tourism Association meeting was the recent enforcement of land ownership laws. The changes in company ownership rules, specifically with foreign shareholders has led to housing project developers allegedly losing billions. On June 14, the Green Park Resort hosted the monthly PBTA meeting chaired by Thanes Supornsaharungsri, PBTA president. During the meeting, vice president and head of the property developers club, Sanga Kijsamrej raised the negative effects of changes to the enforcement of laws regulating company held property.
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