This Law establishes legal, organizational and financial principles of regulation of social relations dealing with expropriation of land plots in private ownership for public needs. Expropriation shall be performed through buy-out and payment of compensation to the owners of expropriated land plots. Expropriation and buy-out shall be performed in accordance with the acting legislation. Buy-out price shall include inconvenience and losses of the owner of the plot of land subject to expropriation and land price shall be fixed by the local self-government.

This Act makes provision for the management, development and protection of the forest resources of The Bahamas and for related matters.The Act consist of 36 sections divided into 9 Parts: Preliminary (I); Administration (II); Forest Reserves, Protected Forests and Conservation Forests (III); Protected Trees (IV); Leases, Licences and Permits (V); Forestry on Private Land (VI); Power of Officers (VII); Offences (VIII); Regulations (IX).The Act provides for the establisment of an agency in Government to be called the Forestry Unit.

The scope of Land Code shall be to regulate land relations originating from application of different types of land ownership rights, including duties of landowners, tenants, leaseholders, protection of land rights, application of rational land tenure, restoration and improvement of soil fertility, land re-cultivation and improvement of natural environment. Land property shall envisage public, municipal and private ownership, that have equal status and are equally protected by the Law (Art. 4).