Law No. 305-12 on lease.
Country
Type of law
Legislation
Abstract
Lease represents fixed-date contractual charged possession of land and land tenure and possession of other natural resources (art. 1). Land and other natural resources can be granted on lease (art. 3). Rent shall include depreciation charges imposed on leasehold. Depreciation charges shall not be imposed on land leasehold (art. 8). Land lease shall be granted for long-term period - ten years and over (art. 12). The Law consists of 2 Sections composed of 33 articles.
Attached files
Date of text
Entry into force notes
The Law enters into force from the date of its official publication.
Repealed
No
Source language
English
Legislation Amendment
No