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Wednesday, February 28, 2024

Refugees: Adoption of a law of 0.4% contribution on property transfer

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Refugees: Adoption of a law of contribution of 0.4% in real estate transfer

Unanimously with 48 votes in favor, the Plenary Session of the Parliament passed a law for payment of a contribution of 0.4% on the transfer of real estate and shares of companies that result in the transfer of real estate, in order to financially support the owners of occupied real estate, through the Equal Distribution Agency.

The bill was submitted by MPs Kostis Efstathiou on behalf of the Social Democrat Movement EDEK and Kyriakos Hatzigiannis on behalf of the Democratic Alarm. The purpose is to amend the Law on the Equal Burden of Central Distribution, in order to financially support the owners of Turkish-occupied real estate, due to the loss of possession, use, exploitation or exploitation.

The proposed regulations provide for the financial support of property owners who are inaccessible or whose economic exploitation is practically or legally impossible as a result of the Turkish invasion. The collection of the necessary resources for the granting of the above financial support will be made in the form of a contribution of 0.40% on the value of any real estate transfer located in the areas controlled by the Republic and will be borne by the seller of the said real estate.

Also, the proposed percentage of 0.40% will be collected in case of transfer of shares of any company that owns real estate and this transfer will result in the acquisition of control of the company or the possession or exploitation of real estate by the buyer of shares.

In his speech in the Plenary Session, the President of DISY Averof Neophytou welcomed the consensus between the parties for the specific bill, stating that this is what society seeks at such critical times. He referred to a completely correct move, which, however, does not solve the problems of the refugees, something that can only be done through a correct solution of the Cyprus problem, to which, he added, we must be focused.

He said that the solution is not secondary, and the problems of the refugees are not solved, however, the amounts provided through this bill, around 16-20 million, are not insignificant.

AKEL MP Skevi Koukouma AKEL stated that the bill is in the right direction and responds to the absence of the Government to take initiatives for the equal distribution of burdens that resulted from the invasion. At the same time, he explained an amendment of AKEL, so that this contribution is gradually increased depending on the amount of real estate being transferred, which, however, was voted against by the body in the vote that followed.

DIKO MP Charalambos Pittokopitis said that the state for years should support the displaced who can not use their property. He also said that he is surprised by the fact that DISY supports the proposal while the Government, through the representatives of the ministries, has taken a negative stance. DIKO MP Zacharias Koulias said that this is a symbolic amount, but it is a good start, while he welcomed the unanimity of all political forces on the issue. DIKO MP Pavlos Mylonas recalled the commitment of DISY MP Nikos Tornaritis for a proposal for the Halitic and ecclesiastical land to be used to support refugees.

EDEK President Marinos Sizopoulos said the proposal has a social, economic and political aspect. On the one hand, as he said, is the need to support vulnerable groups that are currently facing financial problems. On the other hand, he said, the political aspect is much more important because after 2008 and the wrong decision of the ECtHR to operate a compensation committee in the occupied territories, a big problem has been created, with many families selling their property for a lentil plate. He added that the law will support families not to resort to the committee. He also stressed that the right to property is an individual and inalienable right and can not be deprived of it by citizens, something which, as he said, is not guaranteed in one of the six points of the UN Secretary General.

EDEK MP Kostis Efstathiou said the proposal had been delayed for several decades and was a small contribution to refugees who lost their property as a result of the Turkish invasion, and a show of solidarity. 0.4% in sales transactions, he said, is the minimum amount of goodwill received by real estate in the vacant areas after the occupied areas were lost. He also said he could prevent the property from being sold to the occupiers' compensation committee. At the same time, he stated that the imposition of this minimum fee is in line with the unconstitutionality since the burden on transactions is so small that it can not be considered as a problem for sellers. EDEK MP Elias Myrianthous noted that the extraordinary contribution for refugees was abolished 15 years ago.

“Solidarity” MP Michalis Giorgallas welcomed the bill, stating that it has a specific content. It is a proposal, he added, which was delayed for 47 years because if this intention existed from the day after the invasion. In order to return the surplus value acquired in the free areas by the pieces that are being sold today, the situation of the refugee world would be different. He also said that it is a beginning to change a problematic mentality that believes that things have been settled and to get the state out of inaction.

The deputy of the Cooperation of Democratic Forces, George Prokopiou, also supported the proposal since, as he stated, it is fair for this category of people who have been in a very difficult position since 1974.

Source: www.philenews.com

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