The law “On the privatization of non-agricultural land” to come into force on 1 July 2019
03/05/2019 19:37
The law “On the privatization of non-agricultural land” to come into force on 1 July 2019
03/05/2019 19:37
Tashkent, Uzbekistan (UzDaily.com) -- The Senate approved the Law “On the privatization of non-agricultural land”.
In accordance with the Law, the Cabinet of Ministers implements a unified state policy in the field of land privatization.
Privatization of land plots is carried out in the form of redemption of land plots, which are on permanent use (ownership) or lifelong inherited ownership and sale of land plots through an electronic online auction.
Land plots can be privatized by citizens and legal entities - residents of the Republic of Uzbekistan.
Also, the Law defines types of land plots that are not subject to privatization. It is expected that this Law will come into force on 1 July 2019
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