Decree of the President of the Lao People's Democratic Republic On the Promulgation of the Property Law

“Property” [in respect of any asset] means the total and definite right of the State, collectives, individuals, and private persons and entities over such asset in terms of possession, use, function and disposition, within the limits provided for by the laws.

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Additional Info

Field Value
Geographic area (spatial range)
  • Lao People's Democratic Republic
Document reference # 04/PO
Issuing agency/parties
  • Presidential Office
  • English
Formal type of document Decree
Alternative/short title Property Law
  • Environment and natural resources
  • Environment and natural resources policy and administration
  • Land
  • Water rights
Primary policy reference point
    License Creative Commons Attribution
    Copyright No
    Access and use constraints

    No access or use constriants specified

    Status Signed and in effect
    Adoption date/Enacted/Promulgation date/Signing date 07/27/1990
    Effective/Enforced Date 07/27/1990
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          Other reference or supporting documents
          Publication reference Pursuant to the resolution dated 2 December 1975 of the National Assembly of the Lao People’s Democratic Republic regarding the appointment of the President; Pursuant to the Law on the National Assembly of the Lao People’s Democratic Republic, No. 4/SPA, dated 19 April 1988; and Pursuant to Resolution No. 01/90/SPA, dated 10 July 1990, of the fourth session of the National Assembly of the Lao People’s Democratic Republic which adopted the Property Law. The President of the Lao People’s Democratic Republic Decrees That: Article 1. The Property Law is hereby promulgated. Article 2. This decree shall enter into force on the date it is signed.
          Links to source
          Keywords assets,property,collective property,ownership
          Date Uploaded February 14, 2018, 17:28 (UTC)
          Date Modified December 16, 2019, 08:53 (UTC)