Rural Community Land Readjustment Act Article 29

The cost equivalent land in accordance with the forth paragraph of Article 11, deducted the land for public facilities, should be bided for sell publicly at a bottom price, and shall be sold for public housing, public utility, or special project proved by the Executive Yuan at a bottom price.The landowners or the person been the resident in the readjustment area has the preferential right under the same conditions with the decision of Rural Community Renewal Commission, while the cost equivalent land being bided for sell publicly mentioned in the preceding paragraph.The land of bidding for sell or sale in the first paragraph is no limit to Article 25 of The Land Law.The bottom price in the first paragraph shall not be lower than the estimated land value after readjustment.The residual, gotten from the income of the land of bidding for sell or sale deducted off the payment of readjustment, is for the expenses of rural community development.