New Legal Guidelines Update
In this second update, we focus on other important modifications to this sector, which embrace land procurement for public functions, the establishment of the Land Bank, and strengthening of the Right to Manage title. Following the enactment of Law No. eleven of 2020, generally often recognized as the Omnibus Law, the federal government has introduced the mandatory implementing regulations to the law. Of the proposed adjustments beneath the Omnibus Law, one, specifically, will affect all companies, namely the shift from a commitment-based licensing regime to a risk-based licensing regime. The new regime is reflected beneath Government Regulation No. 5 of …
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