This Act concerns the creation of (various types of) trusts and provides rules relative to their operation. It also defines duties of trustees. Certain provisions concern the holding of or disposal of land by trusts or trustees.
This Act provides for the imposition of an annual levy on land owned by an absentee (as defined by this Act. The levy shall be charged on the unimproved value of the land, i.e. the capital sum that might be expected to be offered for the fee simple with vacant possession of the land at a bona fide sale on such reasonable terms and conditions as a bona fide seller would require, it being assumed that no improvements had been made on or to the parcel of land. The Act allows for objections to be lodged against assessment of value.
The Parliament establishes that until 30 April 2014 purchase of agricultural and forest land by foreigners shall be prohibited and purchase and sale contract related to purchase of agricultural and forest land by foreigners shall not be concluded.
The President decrees to allocate area on the Eastern coast of the Caspian sea with defined administrative and territorial boundaries and with particular legal status with a view of creation of the national tourist area “Avaza”. Legal and natural persons shall operate in the aforesaid tourist area in accordance with contracts concluded with the authorized state institutions. Land on the territory of the national tourist area “Avaza” can be conceded to legal and natural persons of Turkmenistan in concession or lease and to foreign legal persons only in lease,.
The Act contains at the outset a definition clause relating to the various terms therein employed, such as "land", "building land", "building permit", "foreigner", "planning permission", etc. Part 3 regulates in particular the transfer of agricultural and forestry land and the requirements for its conversion into building land. Furthermore, it outlines the conditions and procedures for acquisition of land by foreigners. Part 3 establishes the competent authorities and, in particular, various Land Commissions.
An Act to approve, give effect to and declare valid land claims agreements entered into between Her Majesty the Queen in right of Canada, the Government of Yukon and certain first nations in Yukon, to provide for approving, giving effect to and declaring valid other land claims agreements entered into after this Act comes into force, and to make consequential amendments to other Acts.
La presente Ley se aplica a todas las personas físicas y jurídicas que, por sí o por interpósita persona, posean tierras rurales, sea para usos o producciones agropecuarias, forestales, turísticas u otros usos, en el territorio de la República Argentina.
These Regulations, made under section 5 of the Registrar-General (Recording of Documents) Act 1955: provide rules relative to the form of documents submitted to the Registrar-General for recording or registration; appoint authorized officers for purposes of the Act; and require the metric system to be used for measurements in documents, including survey plans. Forms for the Memorandum of mortgage, Memorandum of acquisition of land from and/or by alien and a Memorandum relative to voluntary conveyances are set out in the Schedule.
This Part of the Statute Law Revision Act 2011 amends the Foreign Trusts, Estates and Wills Act 1972 in section 8(2) by omitting "and also deposits with the Republic of Nauru Finance Corporation or with any subsidiary of that corporation". Section 8 concerns investments of trust funds by trustees.
Amends: Foreign Trusts, Estates and Wills Act 1972 (No. 7 of 1972). (1972-02-17)
This Part of the Statute Law Revision Act 2011 amends the Nauru Lands Committee Act 1956 in section 2 by omitting the definition of "Council" and by generally replacing "Council" with "Cabinet". The Act also replaces section 8 on the validation of decisions of Central Court and Administrator made before the date of commencement of the Nauru Lands Committee Ordinance 1956.
Amends: Nauru Lands Committee Ordinance 1956-1963. (1963-10-25)
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