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Article 1 shall be amended to add the following wording: “Farming shall be considered entrepreneurial activity performed by natural persons in the sphere of production of agricultural commodities, processing and trade thereof, with a view of generating income, on plots of land transferred thereto
Article 134 shall be amended to add the following wording: “Sale of plots of public or municipal land to natural persons shall also include haymaking, grazing and residential housing construction purposes”.
Amends: Land Code (No. 2768-III of 2001). (2001-10-20)
This Law defines the legal, organizational, economic and social principles of conducting smallholding activity.
The present Regulation establishes the modalities of issue and cancellation of special permits for removal and transfer of the fertile soil layer of the plots of land.
Article 122 shall be amended to exclude the following wording: “and also transfers agricultural land plots pertaining to public property to registered capital of land bank that is hundred-percent-owned by the state and is not subject to privatization”.
Article 14 of Section X shall be amended to add the following wording: “Until entry into force of the Law on turnover of agricultural land, but not earlier than 1 January 2016 it shall be prohibited to make contribution to authorized capital stock of economic entities in the form of land share”.
Article 88 of Water Code shall be amended to add the following wording: “Land of coastal (littoral) water conservation zones pertaining to public and municipal property can be transferred on lease exclusively for purposes established by this Water Code”.
The present Law introduces equally with public land ownership collective (common) and private land ownership. The Law establishes that land ownership in Ukraine can be public, collective (common) and private. All forms of land ownership enjoy equal rights.
The Law consists of 10 Sections composed of 212 articles. Land is the main national wealth under special protection of the State. The right of ownership of land is guaranteed.