Law No. 305-12 on lease.
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LEX-FAOC054056
Pages
13
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Lease represents fixed-date contractual charged possession of land and land tenure and possession of other natural resources (art. 1). Land and other natural resources can be granted on lease (art. 3). Rent shall include depreciation charges imposed on leasehold. Depreciation charges shall not be imposed on land leasehold (art. 8). Land lease shall be granted for long-term period - ten years and over (art. 12). The Law consists of 2 Sections composed of 33 articles.
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