Confiscated Immovable property

Law no. 216/2016 on deciding the destination of certain confiscated immovable assets regulates the public reuse.

According to this law, criminal confiscated immovable assets can be transferred for free to the state public domain and for administration by central public authorities, other public institutions of national interest, if applicable, or autonomous administrations of national interest, hereinafter “the beneficiary entities”, through a Government decision, initiated by the Ministry of Public Finance, at the proposal of the National Agency for the Management of Seized Assets.