On the morning of January 18, 2024, at the 5th extraordinary session of the 15th National Assembly, the National Assembly officially voted to pass the amended Land Law project (also known as the 2024 Land Law) with a voting result of 87.63%.
Now, let’s delve into the details together with Bizlawyer!
After being reviewed and adjusted, it is anticipated that the 2024 Land Law will consist of 16 chapters and 260 articles (excluding 05 articles, amended, supplemented to 250 articles, both in terms of content and technical aspects compared to the draft Law submitted to the National Assembly at the 6th session).
Among them, 18 contents have been unanimously reviewed and improved as follows:
(1) Regarding the rights and obligations of Vietnamese individuals residing abroad in land use;
(2) Regarding not expanding the scope of receiving the transfer of land use rights by foreign-invested economic organizations (Article 28);
(3) In the case of foreign-invested economic organizations receiving the transfer of real estate projects according to the provisions of real estate business laws;
(4) Regarding the rights and obligations of economic organizations, public sector units using leased land to pay annual fees for assets attached to land (Article 34);
(5) Regarding conditions for individuals not directly engaged in agricultural production to receive the transfer of rice cultivation land (Clause 7, Article 45);
(6) Regarding the principles of formulating and approving land use planning at all levels (Clause 9, Article 60);
(7) Regarding land use quotas determined in the content of provincial and district-level land use planning (Articles 65 and 66);
(8) Regarding the organization of implementing planning, land use plans, allocation of land use quotas at the provincial and district levels (Article 76);
(9) Regarding land recovery for commercial housing projects, mixed-use housing and commercial projects, services (Clause 27, Article 79);
(10) Regarding the development, exploitation, and management of land funds (Chapter VIII);
(11) Regarding the relationship between land recovery cases and agreements on land use rights or existing land use rights to implement socio-economic development projects without using state budget funds;
(12) Regarding the types of land used for commercial housing projects through agreements on land use rights or existing land use rights;
(13) Regarding issuing certificates for households, individuals using land without violating land laws, not falling into cases where land is improperly assigned (Clause 3, Article 138);
(14) Regarding land rent paid annually (Clause 3, Article 153);
(15) Regarding the content of land valuation methods and the cases, conditions for applying each method (Article 158);
(16) Regarding coastal encroachment activities (Article 190);
(17) Regarding the subjects allowed to use land for national defense, security combined with labor production and economic construction (Clause 1, Article 201); rights and obligations of military enterprises, police when using land for national defense, security combined with labor production, economic construction (point h, Clause 3, Article 201);
(18) Regarding not amending or supplementing the Public Investment Law.
The above is the entire content of the News: The National Assembly officially approves the 2024 Land Law.
The 2024 Land Law is expected to take effect from January 1, 2025.
* This news is for informational purposes about newly enacted legal provisions and is not intended for specific cases’ advice or application.
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