ZAGREB, 8 Oct (Hina) - The House of Representatives Committee for Legislation on Tuesday supported the adoption of a final bill on denationalization. It also adopted some 70 amendments to the bill, including a proposal on the change
of the name of the bill into the Final Bill on compensation for property nationalized during Yugoslav Communist rule.
ZAGREB, 8 Oct (Hina) - The House of Representatives Committee for
Legislation on Tuesday supported the adoption of a final bill on
denationalization. It also adopted some 70 amendments to the bill,
including a proposal on the change of the name of the bill into the
Final Bill on compensation for property nationalized during
Yugoslav Communist rule. #L#
The bill relates to the property which was nationalized from
15 May, 1945 (also before that date for confiscated property) until
mid June 1991, Vladimir Seks (Croatian Democratic Union, HDZ) said.
Explaining the amendments relating to confiscated property,
Seks said that such property should be returned to its owners, and
if not possible, the owner should receive indemnity, either in
money or bonds.
Only inheritors of the first hereditary line are entitled to
compensation. Movables of artistic or cultural value would be
returned to their former owners for ownership, but not for
possession. The property, which on the basis of special regulations
has become the property of legal persons from the areas of health
care, social care, culture, science, power industry, sport and
other public services, would not be returned.
The amendments also propose that the law take effect on 1
January 1997.
The bill on denationalization has been in parliamentary
procedure for almost six months. It has already been supported by
the House of Counties.
(hina) rm mm
081521 MET oct 96