The NA Standing Committee’s report on the amended Land Law enumerated NA deputies’ concerns about ten-year land use planning, land price frames and compensation for acquired land.
The law defines legitimate land acquisition for the purposes of national defence, security and socio-economic development in the national or public interest. Land may also be acquired as a result of violations to the Land Law or land use termination in accordance with legal regulations, voluntary will or danger to human life.
Investment policy related to land acquisition for important national projects contributing to socio-economic development for national and public interests will be decided by the NA, and the Prime Minister will then accept and make a decision on the investment.
The law also gives specific definitions of compensation conditions for owners of acquired land. A compensation council will be established in districts and provinces where land is acquired in order to identify compensation based on the land user’s declaration and cadastral documents. Chairmen of People’s Committees at the provincial and district levels will make decisions on compensation based on the council’s suggestions.
The compensation will be paid directly to the users in a one-time payment from the State budget within 30 days of the date their land is acquired.
The Government issues a land price frame every five years for each type of land in each region, and adjusts the frame if land price fluctuations in the market exceed 20% in either direction from pre-defined prices.
The law also supplements a regulation on the participation of land price consultants on a land price evaluation council to ensure objectivity. Provincial People’s Committees will decide specific land prices with support from provincial land management agencies.
