Agricultural Development Act Article 34

Farmers’organizations, agricultural corporations, or agricultural research and experiment institutes in compliance with technology-intensive or capital-intensive standards and categorization, after receiving permission through application, may take arable lands. Technology-intensive or capital-intensive standards and categorization shall be formulated and promulgated by the central competent authority.Farmers’organizations, agricultural corporations, or agricultural research and experiment institutes applying for taking arable lands shall submit operation and exploitation plans as well as other required documentation to the competent authorities at the county or municipality level of the land location; the said government will then submit the application to the central competent authority for permission and the issuance of the certification of the approval. The applicant then takes the certification to register the transfer of the land ownership.The central competent authority shall base its approval on factors such as the state of agricultural development at the land location, the categorization of the application, as well as the operation and exploitation plans, and it shall limit the site location, the size, and the usage of the arable land, and the highest amount of mortgage on the land.Regulations governing the said transfer permission application of the arable land taken by farmers’ organizations, agricultural corporations, or agricultural research and experiment institutes shall be formulated by the central competent authority.