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Chapter Law Content

Title: National Property Act CH
Category: Ministry of Finance(財政部)
Chapter 5 Revenue
Section 2 Utilizing of non-public use property
Article 46
The national farmland shall provide for leasing or sale; the regulations shall be prescribed by the Ministry of Interior consulting with the Ministry of Finance and then approved by the Executive Yuan.
To handle leasing for those of the marginal land and coastland that can be developed for enterprise use such as sightseeing or bathing beach etc.; and to handle leasing or sale for those that can used for enterprise use such as forestation, land-reclamation and cultivation etc. The regulations shall be prescribed by the Ministry of Finance in conjunction with the relevant government authorities and then be approved by the Executive Yuan.
Article 47
The non-public use real estate may provide for development by the Act.
National Property Administration may handle the following matters by means of entrust, cooperation and trust in keeping with regional planning and urban planning:
1.Land improvement.
2.Constructing official or public houses.
3.Other enterprises not for constructing houses.
The improved lands shall be sold by tendering. However if there is special situation and suitable to be handled by means of creation of superficies or other ways, the case shall be approved by the Executive Yuan.
If the enterprises in the paragraph 2 involve the investment by the National Property Administration in accordance with its program, the National Property Administration shall draw up a budget.
Article 48
The non-public use personal property shall provide for investment based on the need of the national policy and treasury profits.