Land Value Index Laws (Amendment) Bill 2

The Land Value Index Laws (Amendment) Bill, 2018 intends to amend the Land Act, the Land Registration Act and the Prevention, Protection and Assistance to Internally Displaced Persons and Affected Communities Act. This is to provide for the assessment of land value index in respect of compulsory acquisition of land and for other purposes. 

It provides for a new criteria for assessing value for compulsorily acquired freehold and leasehold land. It sets out other ways that compensation for compulsorily acquired land and establishes the Land Acquisition Tribunal that will hear and determine appeals from the Land Commission regarding matters of compulsorily acquired land.