S2-007: Land Readjustment Act of 1174

(Senator Z. Chkheidze): I wish to move the following be considered

*Be it enacted by the Senators of the Nydian Senate here assembled, by and with the consent of the King's most Excellent Majesty, Gaioz I, and his ministers, loyal subjects, and others, that:--*

**A BILL TO** reorganise public land.

**PROPOSED & SPONSORED BY** The Cavaliers, in name of Ferdinand Gotha, Chuk Kaloogian & others.

## S2-007 Land Readjustment Act

### TITLE 1: LAND IN PUBLIC OWNERSHIP

1.1 Land (or property) in an unclaimed, or unowned, or disputed area shall come under ownership of the Industry Ministry.
1.2 Temporary Land Ownership Agency (TLOA) shall be the Agency inside the Industry Ministry responsible for administration of this land, until it is sold off.

### TITLE 2: FUNDING

2.1 Of land administered by TLOA,
2.2 30% shall be kept in public ownership for building of factories and other facilities.
2.3 20% shall be split between the military, police and fire services and other public agencies.
2.4 50% shall be sold off the private investors.
2.5 Land sold to private investors shall be run on a contract-system.
2.6 It shall be up to TLOA and the Industry Ministry to negotiate contracts and pricing.

### TITLE 3: CONTRACTS

3.1 There shall be FOUR TYPES of contract to apply for.
3.2 (TYPE 1) Beneficial Public Development (BPD): cheap deals for companies who plan to use the land to build/construct institution which serve the public good. 'Serving the public good' means: schools, churches, prisons, health centres, place of worship, educational centre, food banks, charity causes and sport/leisure activities. BPD Contracts include a one-off payment and ownership of land is transferred to the company/investor. Ownership will be denounced once the property/institution is destroyed, and the land shall be returned to the TLOA, ready to be resold.
3.2 (TYPE 2) Permanent Private Development (PPD): priced deals for companies who plan on using the land for whatever purpose they so please. One-off payment with no return to the TLOA. Ownership is permanently transferred from TLOA, meaning the land can be inherited, resold, or demolished. TLOA will only reown the land if it becomes unowned or abandoned for a prolonged period.
3.3 (TYPE 3) Temporary Private or Personal Development (PPPD): monthly agreed pricing for companies who only wish to "rent" the land for such reasons as: events, temporary business, shows or other. Ownership is transferred for the time agreed in contract and monthly, or weekly, instalments are paid to the TLOA.
3.4 (TYPE 4) Housing Development (HD): one-off payment for companies wishing to use the land for building homes, of any sort. Cheap contract, with TLOA negotiating prices. One-off payment with no return to the TLOA. Ownership is permanently transferred from TLOA, meaning the land can be inherited, resold, or demolished. TLOA will only reown the land if it becomes unowned or abandoned for a prolonged period.

TITLE 4: ENCOURAGEMENT

4.1 To encourage investment in Housing Development Contracts, the Government can offer credit deals where the investor pays for the land over a period of 6-24 weeks, or pays at a later date. If a large investment, building over 200 homes, the Government will also contribute 15% of costs.
4.2 To encourage Permanent Private Development Contracts, the Government will offer a one-year tax free on any business starting for the first time. If PPD Contract is purchased, and the business is building its first shop, or other building, there will be a one-year period of no tax on the corporation, or land.