Parliament adopts Law on Land-farming

Ulaanbaatar /MONTSAME/ Plenary meeting of Friday morning addressed multiple issues concerning public referendum on making changes to Constitution, tax exemption on imported electric power, which were transferred back to affiliated Standing committees for parliament readings preparation. After this, the MPs dismissed Z.Narantuya from a position of chairman of Financial Regulatory Commission upon her own request, and ran final readings of bill on land-farming and related to it legal documents. This bill was approved by a majority. According to the newly adopted Law on Land-farming, the transferring of land-farming permits between citizens and companies will be regulated by the Law on Land. It outlines that a citizen or a company should make sure that the soil quality had not degraded prior to the actual transferring, and manage the first migration of livestock herding families dwelling on the land, in case the families have built-up winter or spring places.