The Madbouly cabinet approved a draft law that it says will make it easier for building owners to settle with the government if they’ve built on state-owned land. Applicants that have encroached on state land will, if the bill passes, have six months to file to legalize. The registration window could be extended for another six months by a presidential decree.
The bill is on the agenda in the House of Representatives today and tomorrow as MPs reconvene, and Cabinet said it will fast-track the executive regulations to the act, aiming to have them in place within 30 days.
ALSO APPROVED BY CABINET-
- No double taxation with Croatia: Cabinet approved an agreement that will make it easier to avoid double taxation on income and capital, crackdown on tax evasion, and facilitate capital flows between the two countries.
- New age caps for organ transplants: Amendments to the organ transplant regulations, including a new age limit of 60 years for kidney donors, and 50 years for other organ transplant procedures. Exceptions can be approved by the Health Minister.
- Extension for Sinai land rules: A one-year extension to the current applied rules to ownership and usufruct for land tenure holders in Sinai.