Decree-Law No.95/2015 amending some provisions of Decree Law No. 14 of 2012 on the integrated development in the Sinai Peninsula. Pays/Territoire Égypte Type du document Législation Date 2015 Source FAO, FAOLEX Sujet Terre et sols Mot clé Propriété Droits de propriété Régime foncier Propriété étrangère Aire géographique Afrique, Méditerranée, Moyen-Orient, Afrique du Nord et Proche-Orient, Afrique du Nord, Mer Rouge et le Golfe d'Aden Entry into force notes This Decree-Law enters into force the day after its publication in the Official Gazette. Résumé This Decree-Law, consisting of 14 articles, amends the Sinai Development Law, by extending the period of land use from 30 to 50 years and boost the maximum period up to 75 rather than 50 years. In addition, the amendment states exemptions — to be granted by a presidential decree — for the required percentage of Egyptian shareholders in companies holding lands in Sinai. These exempted companies must undertake not to change the structure of their shareholders until the end of the project. The Decree allows Non-Egyptians who receive title to a land in the Sinai Peninsula (not just development areas) by the mean of inheritance, testament or gift to retain some rights over this land. Under the new Decree, they can keep the right of usufruct over the land as well as title to immovable properties established on that land. However, they have to dispose the title of the land itself to an Egyptian within six months from the date the foreigner acquires the land’s ownership. The law also gives the same treatment to Egyptians who acquire a second nationality.The Decree allows new contracting parties who receive rights to land to stipulate in the original contract a clause guaranteeing them the right to pass on their land rights to their legal heirs. Texte intégral Arabe Site web sda.gov.eg Références - Législation Amende Decree-Law No.14 of 2012 concerning the Integrated Development of the Sinai Peninsula. Législation | Égypte | 2012 Mot clé: Propriété, Droits de propriété, Régime foncier Source: FAO, FAOLEX