Republika Srpska to propose new law on immovable property

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Republika Srpska to propose new law on immovable property

The Government of the Republika Srpska RS will propose a new law on immovable property that will be used for the functioning of the public authority of the RS, according to the Government of the RS the day before yesterday.

The Constitutional Court of Bosnia and Herzegovina BiH made a decision that invalidated the current law.

The RS will adopt a new law on immovable property with the intention of protecting the property of the RS and preserving the legal security of all citizens and institutions of the RS, which has been severely damaged by the decision of the Constitutional Court of BiH.

The Constitutional Court of the Republic of the RS has dissolved the Law on Immovable Property Used for the Functioning of the Public Authority of the RS and assesses that the Dayton Peace Agreement and the Constitution of BiH are directly violated, as stated by the Government of the RS.

The RS's property will remain the property of the RS, as it was decisively and unequivocally determined by the Dayton Peace Agreement, and there is not a single court that can dispute the right of the RS to be the owner of its property, according to the announcement.

The Constitutional Court of BiH established at its session on September 22, that RS does not have the constitutional authority to regulate the legal matter that is the subject of the Law on Immovable Property Used for the Functioning of the Public Authority of the RS because that is the responsibility of BiH, Klix.ba writes.