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Home Industry & Trade

GNC to Discuss Property Law

7th January 2014
in Industry & Trade, Politics
GNC to Discuss Property Law
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Libya Herald reports that the GNC is about to discuss a law for the return of property appropriated by the previous regime.

The association of owners of these properties had put forward a proposal for the return of their properties, but it is opposed by other who have put forward an alternative proposal.

The Spokesperson for the GNC pointed out that many of these properties had exchanged hands numerous times, purchased by citizens using their money, and with legal contracts, many in good faith on the basis of the laws over the past 40 years.

According to the report, he pointed out that the GNC was "not in a hurry to pass such a law at this time."

(Source: Libya Herald)

Tags: Property

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