(1) An alien shall notify the Unit of its intention to subdivide land that is held pursuant to a licence issued under the former Act or an alien landholding licence.
(2) The Unit shall, on being satisfied that an alien has a valid certificate at the time of the subdivision, issue a letter to an alien investor indicating that the Unit has received notice of the intention of an alien investor to subdivide land that is held pursuant to a licence issued under the former Act or an alien landholding licence and has no objections to the subdivision.
(3) Without prejudice to the Land Registration Act, an alien investor shall submit the letter issued by the Unit under subsection (2) with an application for subdivision of land in accordance with the Land Registration Act.
(4) Where an alien subdivides land held pursuant to a licence issued under the former Act or an alien landholding licence, the alien shall apply to the Board for an alien landholding licence for each subdivided lot in accordance with section 15.