Immovable Property Acquisition and Possession Act, 2017 (Act No. 21 of 2017). Country/Territory Bangladesh Document type Legislation Date 2017 Source FAO, FAOLEX Subject Land & soil Keyword Expropriation Vested rights/existing rights Legal proceedings/administrative proceedings Dispute settlement Land tenure Monitoring Property rights Ownership Geographical area Asia, Asia and the Pacific, Indian Ocean, Least Developed Countries, South Asian Seas, Southern Asia Entry into force notes This Act shall come into force immediately. Abstract The Act provides for the immovable property rights. It establishes that if it appears to the District Commissioner that any immovable property is necessary for public use or public interest, he/she shall issue a notice on the said property or at a convenient place near the said property, in the prescribed form and manner, stating that the said property is proposed to be acquired. In the case of acquisition of immovable property for a private person or organization, irrespective of the amount of immovable property, the prior approval of the Government shall be obtained before the commencement of the acquisition process. After considering the report sent by the Deputy Commissioner under sub-section (3) of section 5, as the case may be, - a) within 60 working days of the Government submitting the said report, and b) within 15 working days of the submission of the said report by the Commissioner or within 30 (thirty) working days after giving reasons in writing to that effect – will take the final decision and the Deputy Commissioner shall determine the amount of compensation for any immovable property acquirable under this Act following specific matters. Full text English Website bdlaws.minlaw.gov.bd References - Legislation Repeals Acquisition and Requisition of Immovable Property Ordinance, 1982 (Ordinance No. II of 1982). Legislation | Bangladesh | 1982 (1994) Keyword: Expropriation, Vested rights/existing rights Source: FAO, FAOLEX