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CRO UPPER HOUSE SUPPORTS BILL ON RETURN OF CONFISCATED PROPERTY

ZAGREB, June 20 (Hina) - After an exhaustive discussion and with a majority of votes, Croatian Parliament House of Counties of Thursday supported the final Bill on the return and indemnity for confiscated property. Thirty nine representatives voted, two voted against the bill and 5 were in abstention.
ZAGREB, June 20 (Hina) - After an exhaustive discussion and with a majority of votes, Croatian Parliament House of Counties of Thursday supported the final Bill on the return and indemnity for confiscated property. Thirty nine representatives voted, two voted against the bill and 5 were in abstention. #L# The final Bill differentiates nationalized and confiscated apartments. According to the Bill, confiscated apartments are to be returned to the previous owner and present residents with families may continue using the apartment and are to sign a lease contract with the proprietor, Justice Minister Miroslav Separovic explained. Nationalized apartments can be bought by present residents and the owners would get a compensation - 25% of the value of the apartment in cash and the rest in bonds and stocks. The Bill stipulates that successors, next and second next of kin, have the right to inheritance of confiscated apartments and compensation for nationalized apartments. Resolutions of the Bill on were drafted to establish a balance between the done wrongs and objective possibilities of the Croatian state, Separovic said. (hina) lm jn 201423 MET jun 96

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