Investors Handbook. A Legal Guide to Business in Georgia
Article 7. The Forms of privatization of State owned agricultural land and the bodies conduct-
ing privatization
1. The forms of privatization of the State owned agricultural land are as follows:
a) Auction;
b) Direct Selling:
b.a) Direct selling on the basis of decision of the President of Georgia;
b.b) Direct selling on the basis of competitive selection by the decision of the President of
Georgia;
b.c) Direct selling of leased land.
2. Privatization of the unleased State owned agricultural land via auction is carried out by the
Ministry, its territorial body or the respective body of the executive government of autonomous
republics of Abkhazia and Adjara acting within the authorization delegated by the Ministry.
3. Privatization of unleased State owned agricultural land via direct selling and direct selling
on the basis of competitive selection is carried out pursuant to the decision of the President of
Georgia.
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