Parliamentary Finance emphasizes the contribution of Article 45 in the 2017 budget to increase state revenues
05.11.2016
12:20
{Baghdad} Euphrates News said deputy head of the parliamentary finance committee on the mass of the citizen Faleh applicable, on Saturday, on the contribution of Article 45 of the draft federal budget law for 2017 to increase state revenues.
The force said in a statement, the agency {Euphrates News} received a copy of it today, that Article 45 contributes to increase treasury revenues to the state, where this article has allowed the Finance Ministry to sell its share of the agricultural land to the owners of rights

He added that this increase will contribute effective in supplementing the budget with financial resources and their contribution to the increase in the Ministry of Finance revenues

the article 45 of the draft federal budget law for 2017 have included:
First - the Ministry of Finance to sell its stake of farmland without fragmentation or division of which are located outside the boundaries of the municipality of Baghdad or the municipalities and the Human Tsrvih to the owners of those specific rights law unify varieties Lands Country No. 53 of 1976 , a real allowance determined by committees estimation problem under the law of sale and lease of state property No. 21 of 2013.
Second - the buyer is committed under the following conditions:
1-exploitation of land for agricultural production.
2 lack of secretion or the division of farmland.
3. not to sell the land to a third party only after the introduction of the new buyer acknowledgment in writing fundamentalist in the real estate registration department to exploit the land for agricultural purposes.
Thirdly -aly the Ministry of Finance restore the land and the abolition of the sales contract without compensating the buyer in the event of breach of the conditions specified by law .
Fourth At the absence of the desire of the owner of the right to dispose purchased the land during a maximum period of sixty days from the date of declaration of the Ministry of Finance desire to sell Vtad leased him allowance rent assessed by the Committee on the under - item {first} of this article and otherwise declares the Ministry of Finance said land for sale or rent public auction.
Fifth -aly the Minister of Finance in coordination with the Minister of Agriculture to issue instructions to implement this article after the approval of the board of Wazzra .anthy https://alforatnews.com/modules/news/article.php?storyid=131628