Law on Privatisation of 1991. Country/Territory Moldova, Republic of Document type Legislation Date 1991 Source FAO, FAOLEX Original source Photocopy, 5 pp. Subject Land & soil Keyword Basic legislation Land reform Public land Institution Agricultural land Urban land Geographical area CIS (Commonwealth of Independent States), Eastern Europe, Europe, Europe and Central Asia, Landlocked Developing Nations Entry into force notes This Law entered into force on the date of official publication. Abstract The aim of this Law is to define the basic concepts and procedures for the privatisation of property in Moldova. All branches of the country's economic, cultural and social sectors are open to privatisation, except national defence, cultural heritage, state monopolies and property which supplies part of the "state-guaranteed minimun free social services" (art. 2). Funds obtained from privatisation go to form the "Republic Privatization Fund" (art. 6). The Moldova State Department for Privatisation, a special agency accountable to the Parliament, is created (art. 7). Two principal methods of privatization are envisaged: alienation through auctions and competitive bidding, or sale of stocks and shares (art. 11). Article 14 relates to privatisation of agricultural property, which is allotted according to the Land Code but may not be alienated before January 2001. Full text English References - Legislation Implemented by Decree on the Procedures for Implementing the Law on Privatisation of 1992. Legislation | Moldova, Republic of | 1991 Keyword: Land reform, Land tenure, Institution Source: FAO, FAOLEX Repealed by Law No. LP121/2007 “On public property management and its denationalization”. Legislation | Moldova, Republic of | 2007 (2023) Keyword: Property rights, Public land, Private land, Lease, Cultural heritage, Contract/agreement Source: FAO, FAOLEX