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Press briefing of Cabinet Decision taken on 2014-08-14
Restrictions on Transfer of Land

- the proposal made by H.E. the President, in his capacity as the Minister of Finance and Planning, to submit the Land (Restrictions on Alienation) Bill prepared by the Legal Draftsman and cleared by the Attorney General, for the implementation of the budget proposal for the year 2013 to restrict the transfer of land to foreigners, to Parliament for approval, was approved by the Cabinet.