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South Africa lays out conditions to seize land, says investors will be reassured

South Africa lays out conditions to seize land, says investors will be reassured

SOUTH Africa's government has laid out conditions for when land might be confiscated without reimbursement, saying a new law submitted to parliament would pass constitutional muster and reassure investors unnerved about property rights. The law would allow land to be confiscated without reimbursement in certain cases if it is unused, abandoned or poses a safety risk, Public Works and Infrastructure Minister Patricia de Lille told a news conference. But she emphasised that compensation would also be possible and final decisions would be in the hands of the courts. "The bill brings certainty to South Africans and investors because it clearly…
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