Short news - VR proposes new land valuation rules

The Verkhovna Rada of Ukraine adopted in the first reading a bill "About Amendments to Article 18 of the bill "On land" assessment made by the Cabinet of Ministers.

There was 258 votes from total of 440 MP registered in the session.

The draft bill proposed that the monetary valuation of land was stated out :

• located into a settlements borders, regardless of their special zoning - at least once every 5-7 years;
• the non-agricultural land, located out of a settlements borders - at least once every 7-10 years.
• the agricultural land, located out of a settlements borders - at least once every 5-7 years;