Moratorium on Alienation of Agricultural Land Extended
On 6 October 2016, the President of Ukraine signed the Law on amendments to the provisions of the Land Code of Ukraine regarding extension of the prohibition on alienation of agricultural land. According to the Law, the moratorium on sale of agricultural land is extended until 1 January 2018.
The Law provides that before the law, which regulates the circulation of agricultural land, becomes effective, but not earlier than 1 January 2018, the sale and purchase of agricultural land is not allowed.
The Law came into force on 2 November 2016.