Cabinet has approved the use of $100

million from the Land Administration and Management Programme (LAMP) Fund as

grant funding to support land titling for approximately 2,000 beneficiaries

under the voluntary system of land registration.

This was disclosed by Minister with

responsibility for Education, Youth and Information, Karl Samuda, during

Wednesday’s (October 9) post-Cabinet press briefing at Jamaica House.

He said partial funding of $20,000 will be

offered as a full grant to landowners and up to a maximum of $50,000 will be

given as a conditional grant, which will be repayable only if the land is sold

within five years of receipt of the funds.

Samuda further noted that a caveat will be

lodged against the Certificate of Title to protect this interest.

Minister Samuda assured that the use of the

$100 million from the LAMP Fund will not deplete the resources of the facility.

He said that fees and other charges from beneficiaries of the grant will

revolve into the Fund.

Additional information on the programme

will be made available to the public, he explained.