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Parliament of Moldova adopted in first reading the legislative amendments regulating the privatization of non-residential premises.

Parliament of Moldova adopted in first reading the legislative amendments regulating the privatization of non-residential premises.

In particular, the MPs approved amendments to the Law on the Management of Public Property and Public Property Denationalization. The amendments, among other things, regulate the privatization of non-residential public premises leased out. According to the bill, the relevant objects are privatized in accordance with the procedure established by the government. The initial price for privatization of non-residential premises is determined depending on their market value, as determined in the appraisal report prepared by the appraiser. The document also contains a list of objects that are not subject to privatization. These include real estate property, which is a national cultural heritage, with the exception of those permitted for sale / purchase; real estate doomed to be demolished in accordance with the general settlement development plan; premises located on the routes of engineering networks, in underground pedestrian crossings, as well as in other public locations; premises whose cost is included in the cost of other privatized objects, etc. “The introduction of these changes will ensure the privatization of non-residential premises leased on general terms, which will ensure compliance with the principle of transparency in the management of public property and the principle of equality in the rights of citizens,” stressed the author of the bill, PAS faction MP Vladimir Bolea. The document prepared by him also provides for the extension to 3 years of the term of the contract for the lease of unused assets of state or municipal enterprises and companies with 100% or majority state capital, not included in the lists of non-privatized assets, with the exception of facilities within industrial parks. The maximum period of 3 years is optimal for a lease agreement; it allows both parties to the legal relationship to plan their activities, respectively, income and expenses. The bill must be approved in second reading. // 05.03.2021 - InfoMarket.

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