25 May 2018 10:05 PM

Sisi signs law on expropriation of property for public use

Monday، 23 April 2018 - 11:51 AM
Sisi signs law on expropriation of property for public use

President Abdel Fattah El Sisi approved on Sunday 22/4/2018 amendments to some provisions of law No. 10 of 1990 on the expropriation of property for public use.

Under the new amendments, the compensation given to the property's owner will be estimated at the prevailing prices at the time the expropriation decision is issued plus a 20% increase.

The body which requests the property to be expropriated should deposit the recompense at a bank within a period of not more than one month from the date of issuing the decision. 

The law signed by Sisi today was published in the Official gazette.

 

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