The document determines that the target purpose of especially valuable lands can be changed only for construction of the objects of national significance, roads, power transmission and communication lines, pipelines, drainage and irrigation canals, geodetic points, housing, social-cultural facilities, oil and gas wells, and industrial facilities.
Under the law, attribution of especially valuable lands to state or municipal ownership, determined in clauses "а" and "б" of part one of article 150 of the Code, to lands of other categories shall be done upon agreement of the Verkhovna Rada.
The Law determines also that transfer of state-owned land plots into municipal ownership or vice versa is performed under the decisions of respective executive bodies or local self-government bodies.
The respective bill was registered under No. 10043.