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SCG legal persons not entitled to sell real estate on Croatian territory - ministry

ZAGREB, July 29 (Hina) - The Croatian Foreign Ministry on Fridaycommented on Serbia's offer to sell real estate on the southernCroatian islet of Jakljan, saying that legal persons from Serbia andMontenegro (SCG) did not have the right to sell real estate in Croatiawhich they were entitled to use.
ZAGREB, July 29 (Hina) - The Croatian Foreign Ministry on Friday commented on Serbia's offer to sell real estate on the southern Croatian islet of Jakljan, saying that legal persons from Serbia and Montenegro (SCG) did not have the right to sell real estate in Croatia which they were entitled to use.

The ministry said in a press release the right was denied under the law banning the management and takeover of assets of certain legal persons on Croatian territory.

Legal persons from Slovenia and Macedonia are exempt from said law, because their ownership rights are regulated with agreements on property rights relations Croatia has signed with the two countries, read the press release.

The ministry said that ownership rights to previously socially owned property of legal persons located in Croatia or SCG would be regulated in line with the agreement on the succession of the ex-Yugoslavia and bilaterally by Croatia and SCG with an agreement on property rights relations as announced in a 15 November 2004 joint statement by Croatian Prime Minister Ivo Sanader and SCG President Svetozar Marovic.

Croatian media said today that Jakljan, an uninhabited islet near Dubrovnik on which a resort centre for children from Belgrade was built in the mid-1960s, was being sold at the initial price of EUR3.5 million.

According to the media, Serbia's Property Directorate will open offers on August 12 and choose the best bidder within seven days.

Since 1995 the resort has been leased to a children's association from Bosnia and Herzegovina under a contract signed with the Croatian Privatisation Fund (HFP) which expires on August 1, HFP spokesman Vedran Kukavica told Hina.

The Croatian Ministry of the Sea, Tourism, Transport and Development today dismissed media allegations that Serbia was selling the island of Jakljan. The ministry said the whole story was full of contradictory information which would have to be checked on several addresses, but dismissed allegations that the whole island was on sale.

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