Ministerial Decree No. 1203 of 1996 regarding validation of the Regulation on the modalities of valuation of the plots of land sold to private owners or conceded in use by State.
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LEX-FAOC025856
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7
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The Government decrees to validate the Regulation. Valuation of the plots of land (right of use) is determined in the process of purchase by physical and private juridical persons from state of the plots of land (right of use) in excess respectively to the quotas of free-of-charge land distribution set by Government. Valuation of the plots of land can be carried out also in some other cases envisaged by the legislation currently in force or if the value of the plots of land (right of use) cannot be determined by the agreement of the parties concerned.
Implements: Presidential Decree No. 2717 of 1995 "On Land". (1995-12-22)
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