iTaukei Ni Qele Vol.3 | 2022
June 13, 2024Appointment of Mr. Solomone Nata as CEO
July 1, 2024The iTaukei Land Trust Board (TLTB) is pleased to announce a 25% reduction in rental arrears so far from 1st January to 31st May 2024. TLTB has reduced total arrears from $27 million to $20 million. The reduction in outstanding arrears has been achieved through collaborative efforts with stakeholders, and tenants, and reflects TLTB’s commitment to actively engage with tenants to address outstanding rental payments.
Rent payment is a fundamental terms and conditions of leases and must be paid on time in January and June each year. Tenants have exclusive possession of the land to provide security, shelter and livelihoods. The landowners who allowed their land to be leased out are legally entitled to receive their rental return on time as well.
There are around 18,803 tenants that are in arrears with 5,722 for agricultural owing $6,402,359.93 and 13,081 for non-agricultural owing $13,777,925.35.
The consequences of non-payments of rent can result in legal proceedings to vacate the land. There are close to 700 tenants that have been taken to court to enforce payments and even for vacant possession orders, if they failed pay rent arrears.
Tenants are advised to prioritize rent payments in their budget and encourages tenants facing difficulties in meeting rental obligations to contact their nearest TLTB office promptly to discuss partial payment plans. This initiative aims to provide flexibility and support to tenants to mitigate financial burdens faced.
For payment convenience, tenants can visit any TLTB office or make deposits through ANZ, BSP, Westpac, and payments via any Post Office and MaxVal-U Outlets Fiji Wide.
TLTB MANAGEMENT.