So, the Ukrainian parliament passed a law on the farmland market with 240 votes in1srt reading.
Restrictions for today:
not more than
- 35% of the agri land of the united community,
- 15% -in the region
- 0.5% in Ukraine (approx 213 000 ha)
for 1 owner.
1/5
Restrictions for today:
not more than
- 35% of the agri land of the united community,
- 15% -in the region
- 0.5% in Ukraine (approx 213 000 ha)
for 1 owner.
1/5
The law comes into force on 01.10.2020.
Persons who can be an owner:
UA citizens, territorial communities, the state, legal entities of Ukraine, foreign citizens and stateless persons in case of will with the obligation of land alienation of land allotment for one year
2/5
Persons who can be an owner:
UA citizens, territorial communities, the state, legal entities of Ukraine, foreign citizens and stateless persons in case of will with the obligation of land alienation of land allotment for one year
2/5
Until January 1, 2024, legal entities, beneficial owner (controller) of which are foreigners, stateless persons, legal entities created under the law other than the legislation of Ukraine, foreign states, can't become farmland owners (with few restrictions).
3/5
3/5
The ban on the farmland ownership by persons/legal entities who are under sanctions: a decision of the President on the proposal of the NSDC with the approval by parliament.
"Starting min price is established by law." There's NO price in the body of the document.
4/5
"Starting min price is established by law." There's NO price in the body of the document.
4/5
Source https://www.rada.gov.ua/news/Novyny/184375.html
Everything that is written in my thread is not taken into account at all. Evaluate the quality of the Law yourself.
https://twitter.com/Ukropo4kA/status/1194595292831727619?s=20
5/5
Everything that is written in my thread is not taken into account at all. Evaluate the quality of the Law yourself.
https://twitter.com/Ukropo4kA/status/1194595292831727619?s=20
5/5