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Bulletin - Vlada Crne Gore

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New draft Law on state property<br />

BULLETIN OF THE MINISTRY OF FINANCE/APRIL - JUNE 2006<br />

NEW<br />

DRAFT<br />

LAW ON<br />

STATE<br />

PROPERTY<br />

Senior Advisors<br />

Milodarka Novosel<br />

STATE OF AFFAIRS<br />

Ministry of Finance, in cooperation<br />

with the Ministry<br />

of Justice, Ministry of Environment<br />

and Physical Planning and<br />

Real Estate Administration, has drafted<br />

a new Law on State Property and has<br />

sent it to the Government working<br />

groups for a related procedure.<br />

Legal standards governing the property<br />

and property rights have been<br />

completed by drafting this Law, together<br />

with other regulations in this field.<br />

For a better understanding of this<br />

field as well as importance of the suggested<br />

solutions for the legal system of<br />

the Republic of Montenegro, it is necessary<br />

to point to the following:<br />

Conditions and procedure for sale<br />

of property located on agricultural,<br />

building and forest land, or in structures<br />

or buildings were defined under<br />

the Law on Sale of Property ("Official<br />

Gazette of the SR of Montenegro", No.<br />

27/75), which was subsequently amended<br />

in 1989, 1991, 1992 and 1994. Certain<br />

provisions of this Law are still applicable.<br />

The provisions under this Law stipulate<br />

that the property is of public<br />

use, while organizations of associated<br />

labour, self-governing communities of<br />

interest, socio-political communities,<br />

local communities and other self-managing<br />

organizations and communities<br />

or social legal persons are holders<br />

of right of use with respect to sociallyowned<br />

property.<br />

For example, in case of alienation<br />

of the structures or buildings, with respect<br />

to which a right of use exists, a<br />

right to a land appurtenant to such<br />

building is also transferred, including<br />

a land serving for a regular use, and a<br />

10

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