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Library Joint Regulation No. 1336 of the Ministry of Justice and No. 6/17 of the Central Bank regarding valuation of land leases.

Joint Regulation No. 1336 of the Ministry of Justice and No. 6/17 of the Central Bank regarding valuation of land leases.

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.

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Resource Language
ISBN / Resource ID
LEX-FAOC080680
Pages
4
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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.

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Author(s), editor(s), contributor(s)

Gnetii, Vsevolod (CONSLEGB)

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