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NATIONAL
ASSEMBLY OF VIETNAM
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SOCIALIST
REPUBLIC OF VIETNAM
Independence - Freedom – Happiness
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Law No. 43/2024/QH15
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Hanoi, June 29,
2024
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LAW
Amendments to certain Articles of Land Law No.
31/2024/QH15, Housing Law No. 27/2023/QH15, Law on Real Estate Business No.
29/2023/QH15 and Law on Credit Institutions No. 32/2024/QH15
Pursuant to Constitution of the Socialist
Republic of Vietnam;
The National Assembly hereby promulgates a Law
on amendments to certain Articles of Land Law No. 31/2024/QH15, Housing Law No.
27/2023/QH15, Law on Real Estate Business No. 29/2023/QH15 and Law on Credit
Institutions No. 32/2024/QH15.
Article 1. Amendments to Land Law No.
31/2024/QH15
1. Amendments to Clause 2
of Article 251:
“2. Resolution No. 132/2020/QH14 dated November 17,
2020 of the National Assembly shall be annulled from January 01, 2025.".
2. Amendments to Clause 1
of Article 252:
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3. Amendments to Clause 10
of Article 255:
“10. The land allocation or land lease procedures
may be carried on in order to allocate or lease land to investors according to
this Decree if: (i) the investment projects are eligible for land allocation or
land lease without LUR auction under Land Law No. 45/2013/QH13 and relevant
laws; (ii) the investment projects are conformable with land use plans and
planning; (iii) the land has not been allocated or leased and (iv) the
investment projects fall under one of the following cases:
a) Investors have been selected for the projects
according to investment laws, housing laws and procurement laws from July 01,
2014 to the day before August 01, 2024;
b) Investors in the projects have submitted valid applications
for following investor selection procedures before August 01, 2024 and
investors have been selected before January 01, 2025.
The investors in these projects shall be selected
according to investment laws, housing laws and procurement laws which take
effect at the time of application submission.”.
4. Amendments to the first
paragraph of Clause 4 of Article 260:
“4. The arrangements for land use, settlement,
reorganization of houses and land that have been approved by competent
authorities under Resolution No. 132/2020/QH14 of the National Assembly before
January 01, 2025 will be carried out.”.
Article 2. Amendments to Clause 1 Article 197 of
Law on Housing No. 27/2023/QH15
Amendments to Clause 1 of Article 197:
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Article 3. Amendments to Clause 1 Article 82 of
Law on Real Estate Business No. 29/2023/QH15
Amendments to Clause 1 of Article 82:
“1. This Law comes into force from August 1,
2024.".
Article 4. Amendments to Clause 2 Article 209 of
Law on Credit Institutions No. 32/2024/QH15
Amendments to Clause 2 of Article 209:
“2. Clause 3 Article 200 and clause 15 Article 210
of this Law comes into force from August 01, 2024.”.
Article 5. Entry into force
This Law comes into force from August 01, 2024.
This Law was passed in the 7th
plenary session of the XVth National Assembly of the Socialist Republic of
Vietnam held on June 29, 2024.
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President of the National Assembly
Tran Thanh Man