Farmers to be entitled to own collective farm assets

The Moldovan Government has drafted a regulation allowing farmers to become owners of the assets (quotas) of former Soviet-type collective farms, transmite Info- Prim Neo “If the privatization of land ended in registering the plots by the cadaster offices, then the privatization of assets has not been ended. Some agricultural assets – buildings, cars, tractors – started to belong to concrete people right in the beginning of the privatization. But some assets have remained as quotas,” specified Agriculture Minister Anatolie Gorodenco. “Holders of certificates regarding these quotas should be able to register them,” the minister said. According to the official, a large amount of property is out of market relations. They asses it at some 1.1 billion lei in buildings, plants and 0.6 billion lei in tractors and trucks. The regulation allows to transform the quotas into property fractions and to register them. The quota owners will be able to sell their shares, to rent or to pawn them, while the local public authorities will be able to tax them.