Article 8 shall be amended to add the following wording: “after the wording purchase and sale shall be inserted the wording donation”.
Amends: Law No. 4 on management of agricultural land. (2001-01-11)
This Law establishes that agricultural land shall be exclusive property of the state and of citizens permanently living in rural areas for at least two years. Allotment in ownership and transfer of agricultural land shall be prohibited to: (a) foreign natural and legal persons, and foreign states; (b) stateless persons living on the territory of Kyrgyzstan; (c) legal persons of Kyrgyzstan and joint-ventures; and (d) married couples if one conjoint is foreigner or stateless person.
Item 3 of the Article 8 acquires a new wording: «Rent and the modalities of collection thereof shall be established on contractual basis. Land granted in lease cannot be granted in sublease. The amount of rent granted to foreigners except for agricultural land shall be calculated in conformity with the rates of land charges with the application of coefficient established by the Government».
Amends: Land Code of the Kyrgyz Republic. (2013-11-15)
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