Law No 256-XII of 1991 on property.

https://www.fao.org/faolex/results/details/en/c/LEX-FAOC047759

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English

ISBN / Resource ID

LEX-FAOC047759

Pages

10

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This Law establishes that objects of proprietary right are land, subsoil, inner and territorial waters, continental shelf, air basin, flora and fauna, enterprises, property complexes, buildings, structures, equipment, raw and other materials, money, securities, other property of industrial, social, cultural and other character, products of intellectual and creative activity. The Law consists of 5 Sections that contain 24 articles. Section 1 (arts. 1-8) lays down general provisions. Section 2 (arts. 9-13) establishes the right of state property. Section 3 (arts. 14-19) establishes the tight of collective property. Section 4 (arts. 20-21) establishes the right of private property. Section 5 (arts. 22-24) regards protection of proprietary rights.

Implemented by: Ministerial Decree No.63 of 1997 regarding validation of the Regulation on the modalities of use of the plots of land on which privatized state enterprises and objects are situated. (1997-06-17)

Legislation