Regional Law No. 1929-ZRK “On establishment of purchase price of plots of land within urban areas destined for agricultural production.
This Regional Law establishes that the prices of plots of urban land destined for agricultural production in ownership by agricultural organizations or peasant farms allotted thereto on condition of permanent (open-ended) land tenure or as life-long hereditary possession shall be established with 15 percent reduction in relation to its cadastre value.