Joint Regulation No. 1336 of the Ministry of Justice and No. 6/17 of the Central Bank regarding valuation of land leases.
ПОСТАНОВЛЕНИЕ Об утверждении Положения о порядке оценки стоимости права аренды земельного участка.
Resource information
Resource Language
ISBN / Resource ID
LEX-FAOC080680
Pages
4
License of the resource
Copyright details
© FAO. FAO is committed to making its content freely available and encourages the use, reproduction and dissemination of the text, multimedia and data presented. Except where otherwise indicated, content may be copied, printed and downloaded for private study, research and teaching purposes, and for use in non-commercial products or services, provided that appropriate acknowledgement of FAO as the source and copyright holder is given and that FAO's endorsement of users' views, products or services is not stated or implied in any way.
This Joint Regulation establishes the modalities for assigning values to long-term land leases held by farmers to ensure credit recovery by commercial banks. The Regulation applies only to land transferred to commercial banks as security for loans granted to farmers. Valuation of such leases shall be calculated as the average net profit for a land unit for the previous three years. If a farm has been operating for fewer than three years, the amount shall be calculated based on a similar plot of land located in the same area.
Data Provider
Geographical focus