Scioli Governor does not veto the Land Act but proposes changes

Buenos Aires, November 1, 2012
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The bill Habitat of the province of Buenos Aires forces owners to give country clubs land for social housing.

The provincial government said: “The legislation, once signed into law, clarified that there is no obligation for the transfer of land, but a financial contribution to the municipality whenever there is an administrative decision of the local executive to revalue these lands”.

“In the spirit of the bill pointing limitation, the Executive, at the time of the regulation, shall not be affected or violated any rights acquired, or the right to property.”

On Tuesday, the governor stated that: “In the original standard, which already was partially approved by the House of Representatives, some changes had to be made” and that “with the possibility to apply a veto if the Senate approved it without changes.”