This Act ensures sound and diversified use of agricultural property for agricultural production, sustainable development of agricultural industries and improving the competitiveness of these industries; accommodates development in rural areas requiring these properties to be registered as a farm in Survey and Cadastre Authority's land register.
The Act consists of 20 Chapters: Purpose (1); Definitions (2); Planning (3); Listed as farm (4); Termination or cancellation of farm duty (5); Residency requirement, residential buildings, vacant agricultural properties, operations, etc. (6); Individuals acquisition of agricultural property in rural areas (7); Societies, acquisition of agricultural property in rural areas (9); Public authorities and foundations, etc. acquisition of agricultural property or parts of farms (10; Variation of statutes or charter provisions (11); Interoperation and leases (12); Conversion of land between agricultural properties (13); Creating new independent farms (14); Priority for supplementing soil (15); Agricultural Commissions and their operation (16); Provisions on Administration of Law (17); Monitoring and Supervision (18); Penal Provisions (19); Entry into force and transitional provisions (20).