Reindeer breeders may acquire or exchange lands that shall be used for the purposes indicated in Act 590/69 and in the Act relative to Agricultural Production Units (188/77). Amendments mainly concern rules on the purchase of land and terms and conditions of loans that can be used for purchase of land or electrification works. The price for the purchase of land shall be paid within 30 years and the interest rate shall be 4 percent (sect. 21). The Disposition Plan shall be drawn up by the Planning Committee and approved by the Rural Activities District Offices in accordance with sections 12 and 15.
Amends: Reindeer Management Act (No. 161 of 1990). (1990-02-09)
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