S.L. 573.8 Art. 14Reservations. 5

(1) The Authority shall have the right in its sole absolute discretion, to refuse and reject any application undertaken pursuant to these regulations. Such rejection or refusal shall be in writing and shall include the detailed reasons for its decision.

(2) The Authority shall have the right to terminate the application process undertaken pursuant to these regulations, at any stage or else to refuse to accept any application undertaken pursuant to these regulations if it is of the view that such property is situated in a place of national importance. In such case, the applicant is only TRANSFERRED FROM THE GOVERNMENT, THE LANDS AUTHORITY OR ECCLESIASTICAL ENTITIES BY TITLE

OF EMPHYTEUSIS

entitled to receive the expenses he incurred in processing his application according to these regulations. The Authority shall be exempt from any damages or request for payment of any type of compensation that the applicant may claim in this regard.