This Law aims at transforming the system of public landownership into private property ownership. It is structured as follows: Chapter 1 (General provisions). Article 1 provides that the right of ownership shall be restored either by restitution of the actual property or through financial compensation. Article 2 lists the categories of citizens eligible for such restoration. Article 3 lists the types of property included in the reform: agricultural land, forests, economic and commercial structures, residential houses together with their equipment; Chapter 2 spells out the conditions and procedures for restoration of the various types of property listed in article 3, including documents valid as proof of ownership and petition claims; Chapter 3 provides for cases in which the State has the right to buy out real property (strategic, transport, essential recreational areas, mineral deposits, research, nature reserves, waste disposal sites, inter alia); Chapter 4 regulates the buying out of existing real property; Chapter 5 spells out the procedure of consideration by the relevant authorities (central and local) of land petition claims; Chapter 6 contains final provisions.
Repealed by: Law on the restoration of the rights of ownership of citizens to the existing Real Property (No. VIII-359). (1997-07-01)
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Government of the Republic of Lithuania (Lithuanian: Lietuvos Respublikos Vyriausybė) is the cabinet of Lithuania, exercising executive power in the country. Among other responsibilities, it executes laws and resolutions of the parliament, the Seimas, and the decrees of the President, manages state property and, together with the President, executes the foreign policy of the country. The Government also has the right of legislative initiative, puts together the state budget and presents it to the Seimas for approval.
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