Order No. 262 of the Ministry of Agrarian Policy and Food validating the Regulation on the procedure of normative monetary valuation of agricultural land.

This Order sets forth the procedure for performance of normative monetary valuation of agricultural land (arable land, perennial plantations, hayfields, pastures and layland) and and non-agricultural lands incorporated in agricultural land areas. As a result of the normative monetary valuation of agricultural land within a specific district, technical documentation on the normative monetary valuation of agricultural land is drawn up. Technical documentation on normative monetary valuation of agricultural land of the district includes: (a) an explanatory note containing the purpose of the assessment, a description of the object of evaluation, calculations of the normative monetary value of the land; (b) terms of reference (TOR) with indication of the grounds, terms and conditions of performance of works; (c) the decision to carry out a normative monetary valuation of agricultural land of the district; (d) copying from cadastral maps (plans) reflecting natural and agricultural areas within the district; (e) cartogram of distribution of agro-industrial groups of soils of the district; and (f) scale of normative monetary valuation of agro-industrial groups of soils of agricultural land of the district.