SABL

The Davos World Economic Forum and Pacific Land Rights

The below report from Radio Australia News goes one step further in emphasizing the point that we have been trying to make. If only those that we appointed to represent us in that prime Haus Tambaran over at Waigani really paid attention and really did their research they wouldn't be fooled so easily.

The SABL Delusion

 Special Purpose Agricultural Business Lease or SABL

In case you are in the dark what an SABL is, as the name implies is a special lease that was provisioned for under Section 11 of the Land Act (1996)

 ‘the Minister may lease customary land for the purpose of granting a special agricultural and business lease’

This lease was supposed to give traditional landowners economic benefits from the rent and employment opportunities created by those businesses that leased land from them.