The present Act introduces some amendments to the Land Transaction Act of 9 December 1992. In particular, the Act amends, inter alia, article 9 dealing with authorization on behalf of competent authorities; article 13 concernig grounds for rejection and exclusion; article 15 on Submission obligation; article 16 on Municipal Land Transaction Commission; article 36 on Transition periods.
Amends: Land Transaction Act. (1992-12-09)
Authors and Publishers
The Principality of Liechtenstein was established within the Holy Roman Empire in 1719. Occupied by both French and Russian troops during the Napoleonic Wars, it became a sovereign state in 1806 and joined the Germanic Confederation in 1815. Liechtenstein became fully independent in 1866 when the Confederation dissolved. Until the end of World War I, it was closely tied to Austria, but the economic devastation caused by that conflict forced Liechtenstein to enter into a customs and monetary union with Switzerland.