The Verkhovna Rada extended the moratorium on land trade until January 1, 2010. According to the law, citizens and legal entities will be able to acquire ownership of agricultural land with a total area of only up to 100 ha until January 1, 2015. In addition, the law provides for the extension from January 1, 2005 to January 1, 2010 of the prohibition on contributing the right to a land plot (share) to the statutory funds of business enterprises. \n \nas reported by "Obkom", 304 deputies voted for the adoption of the law "On Amendments to the Land Code of Ukraine" N3372, which was proposed by Rada deputies Serhiy Matviyenkov and Kateryna Vashchuk, with 226 required. \n \nThe law also assumes that citizens and legal entities who own land plots for agriculture, as well as citizens of Ukraine who own land shares, do not have the right until January 1, 2010 to sell the land plots belonging to them, but only to exchange them or transfer them by inheritance. \n \nAccording to the Land Code, citizens have the right to sell their land shares from January 1, 2005. \n \nAccording to analytical materials provided by the Yaroslav the Wise Institute of Law Problems, the adoption of this draft law will restrict the constitutional rights of land plot owners. \n \nAccording to the institute's experts, the draft law contradicts Article 41 of the Constitution, according to which every citizen has the right to own, use and dispose of their property. \n \nAccording to Article 42 of the Constitution, everyone has the right to entrepreneurial activity. According to the Fundamental Law, when adopting new laws or amending existing ones, restriction of existing rights and freedoms is not permitted. \n \nAccording to experts, the adoption of the draft law will lead to a decrease in the investment attractiveness of the agro-industrial complex and will hinder the exit of the country's agriculture from the crisis. \n \nas reported, in the first reading, 299 deputies voted for the adoption of the draft law "On Amendments to the Land Code of Ukraine" with 226 required. \n \n
Moratorium on land sales extended until 2010

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