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Law No. 10095 supplementing Law No. 9235 of 2004 on restitution and compensation of property, and subsequent amendments.

Country/Territory
Albania
Document type
Legislation
Date
2009
Source
FAO, FAOLEX
Original source
Official Journal No. 53 of 30 April 2009.
Subject
Land & soil
Keyword
Expropriation Ownership Institution Land tenure Transfer
Geographical area
Europe, Europe and Central Asia, Mediterranean, Southern Europe
Entry into force notes
This Law came into force 15 days after its publication in the Official Journal.
Abstract

These provisions supplement Law No. 9235 of 2004 with regard to the land rented to those commercial enterprises in which the State is a shareholder. In these cases, the Department of the Public Property Administration under the Ministry of Finance may sell lands at the market price when it is necessary for the exercise of its functions within the enterprise, in compliance with the criteria established by the Council of Ministers; whilst the rest of the land, if any, may be restituted to former owners. If the former owner has already been acknowledged, the income deriving from land selling goes to him. In case the enterprise rejects the land purchase, the land is then restituted to the former owner.

Full text
Albanian
Website
www.qpz.gov.al

References - Legislation

Amends

Law No. 9235 on restitution and compensation of property.

Legislation | Albania | 2004

Keyword: Land reform, Ownership, Expropriation, Institution, Liability/compensation

Source: FAO, FAOLEX