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Evacuation-Construction Law (Encouragement of Evacuation-Construction Projects), 5766-2006

חוק פינוי ובינוי (עידוד מיזמי פינוי ובינוי), תשס"ו-2006

Published: 2006-01-01Consolidated Hebrew text as of 2023-09-18 · Last amended 2023-06-06✓ Amendment status checked against the Knesset legislation record on 2026-09-29
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Unofficial English translation — for reference only. It may contain errors or omissions and cannot be relied on as a legal text. Only the Hebrew text published in Reshumot is legally binding.More

This English text was translated from the official Hebrew using a range of translation tools, and it undergoes ongoing checks and updates. It is not a certified translation.

Despite these checks, it may contain errors, omissions, or imprecise renderings of legal terminology and cross-references, and it may not yet reflect the latest amendments. It cannot be relied upon as a legal text.

The Hebrew text as published in Reshumot (ספר החוקים) and on the Knesset website is the sole authoritative and legally binding version. In any discrepancy, the Hebrew text prevails.

This translation is provided for informational purposes only and does not constitute legal advice. For use in legal proceedings, request a certified Expert Legal Opinion.

Definitions§

1.

In this Law –

"parents' home" – an old-age home as defined in section 49m(d) of the Real Property Taxation (Appreciation and Acquisition) Law, 5723-1963;

"condominium" – any of the following, provided it contains at least four apartments:

(1)as its meaning in Chapter VI of the Land Law, 5729-1969;
(2)as the meaning of "building" in Chapter VI-A of the Land Law, 5729-1969;

"building for evacuation-construction" – (Repealed)

"apartment", "apartment owner", "common property" – as defined in section 52 or 77a of the Land Law, 5729-1969, as the case may be;

"replacement apartment" – as defined in section 17 of the Government Authority for Urban Renewal Law;

"building permit" and "plan" – a permit and a plan as defined in the Planning and Building Law;

"the Urban Renewal Committee" – (Repealed)

"the Land Law" – the Land Law, 5729-1969;

"the Planning and Building Law" – the Planning and Building Law, 5725-1965;

"the Government Authority for Urban Renewal Law" – the Government Authority for Urban Renewal Law, 5776-2016;

"evacuation-construction cluster" or "cluster" – a condominium or a cluster of condominiums that must be evacuated in order to erect a new structure in an evacuation-construction precinct pursuant to a detailed plan;

"evacuation-construction precinct" – an area declared as an evacuation-construction precinct pursuant to section 14 of the Government Authority for Urban Renewal Law;

"evacuation-construction transaction" – a contract between a developer and an apartment owner in a condominium, under which the apartment owner in the condominium undertakes to sell all or part of his rights therein for the purpose of demolishing the condominium and erecting a new condominium in its place in accordance with an evacuation-construction plan, to which is attached a power of attorney from the apartment owner to the developer or to a lawyer on his behalf for the performance of the acts required for the implementation of the contract, and which includes, inter alia, all of the following:

(1)the principles for determining the consideration to be received by each apartment owner under the contract;
(2)the maximum dates for the approval of a detailed plan, for the receipt of a building permit and for the delivery of the new apartment to the apartment owner in accordance with the contract;
(3)particulars regarding the party that will carry out the construction works in accordance with the contract or conditions for the selection of such party, including with respect to its experience in the field;
(4)an undertaking on behalf of the developer to provide guarantees in favour of the apartment owner in order to secure the developer's obligations under the contract;

"first evacuation-construction transaction" – an evacuation-construction transaction signed by one of the apartment owners in a condominium, which was not preceded by an evacuation-construction transaction between the same developer and another apartment owner in the same condominium;

"elderly person" – an apartment owner in the condominium who, at the time the first evacuation-construction transaction was signed, had reached, according to the Population Registry records, the age of 70 years, and at that time had resided in the apartment in that condominium for at least two years;

"attributed majority of apartment owners" – apartment owners in the evacuation-construction cluster who own at least two-thirds of all the apartments in the cluster, and in whom both of the following conditions are met:

(1)they own at least three-fifths of the apartments in each condominium in that cluster; however, with respect to a condominium containing only four or five apartments – they own at least three apartments in the condominium, and the condominium has more than two apartment owners;
(2)more than one-half of the common property in each condominium in that cluster is appurtenant to their apartments;

"attributed majority of apartment owners for the purpose of determining economic viability" – apartment owners in the evacuation-construction cluster in whom both of the following conditions are met:

(1)they own more than two-fifths of the apartments in each condominium in that cluster;
(2)more than two-fifths of the common property in each condominium in that cluster is appurtenant to their apartments;

"the Government Authority for Urban Renewal" – as defined in the Government Authority for Urban Renewal Law;

"valuers list" – a list of real property valuers qualified to serve as evacuation-construction valuers as referred to in section 2b;

"evacuation-construction valuer" – a valuer appointed pursuant to the provisions of section 2a(b);

"evacuation-construction plan" – a detailed plan whose purpose is the demolition of the condominium and the erection of a condominium in the area of an evacuation-construction precinct;

"detailed plan" – a plan that includes provisions enabling the grant of a building permit or a permit for use without the need for the approval of an additional plan prior to the grant of the permit, or a plan in respect of which the only condition for the issuance of a permit within its area is the approval of an additional plan as referred to in section 62a(a)(1) of the Planning and Building Law.

Convening of Apartment Owners in the Condominium and Delivery of a Principal Proposal Document§

1a.
(a)Before the signing of a first evacuation-construction transaction, the developer shall convene a meeting of the apartment owners in the condominium or shall participate in such a meeting, at which the developer shall enable the apartment owners to become mutually acquainted with him and shall present the type of transaction proposed by him.
(b)No later than two weeks before the signing of a first evacuation-construction transaction, the developer shall deliver to all apartment owners in the condominium a principal proposal document, which shall detail, inter alia, the principles for determining the consideration proposed by him, the guarantees he is offering to the apartment owners, and particulars concerning his professional experience.

Notice of the Signing of a First Evacuation-Construction Transaction and Delivery of Transaction Documents§

1b.
(a)Where a first evacuation-construction transaction has been signed, the developer shall deliver notice thereof to all apartment owners in the condominium.
(b)Where an evacuation-construction transaction has been signed, the developer shall deliver to the apartment owner with whom the transaction was signed the transaction documents or a true copy thereof.
(c)The Minister of Justice, in consultation with the Minister of Construction and Housing and the Minister of Labour, Welfare and Social Services, shall prescribe provisions for the implementation of section 1a and subsection (a), including with regard to the manner of convening the meeting and the notice thereof, the content of a principal proposal document, its form and the manner of its delivery, as well as the manner of delivery of the notice of the signing of a first evacuation-construction transaction.

Cancellation of an Evacuation-Construction Transaction by Decision of a Majority of Apartment Owners§

1c.

Where an evacuation-construction transaction was signed before a meeting of apartment owners in the condominium was convened or before a principal proposal document was delivered as referred to in section 1a, a majority of the apartment owners in the condominium may decide to cancel the transactions, as long as 40% of the apartment owners in the condominium have not yet signed such transactions; where a decision to cancel transactions as aforesaid has been made, written notice thereof shall be delivered to the developer, and the apartment owners who entered into the transaction shall not be regarded as having breached their engagement with the developer.

Validity of an Evacuation-Construction Transaction§

1d.
(a)Where an evacuation-construction transaction has been signed, a majority of the apartment owners in the condominium, including those who are not parties to the transaction, may decide at a general meeting that the apartment owners in the condominium who entered into an evacuation-construction transaction with a developer may cancel the transaction pursuant to the provisions of this section, if one of the following has occurred:
(1)the developer did not enter into an evacuation-construction transaction with at least one-half of the apartment owners in the condominium within two years from the day on which the first evacuation-construction transaction was signed, or the developer did not enter into such a transaction with at least three-fifths of the apartment owners in the condominium within four years from the day on which the first evacuation-construction transaction was signed;
(2)a detailed plan was not submitted by the developer in accordance with the provisions of section 83a1 of the Planning and Building Law to the planning authority competent to approve it within four years and six months from the day on which the first evacuation-construction transaction was signed; the provisions of this paragraph shall not apply to an evacuation-construction transaction in a condominium located in a precinct declared pursuant to section 14(a)(1) of the Government Authority for Urban Renewal Law.
(b)Where an evacuation-construction transaction was signed in a condominium located in an evacuation-construction precinct or in a precinct that received preliminary approval pursuant to section 14 of the Government Authority for Urban Renewal Law, and that precinct contains at least 120 units, the periods referred to in subsection (a) shall be extended by one year.
(c)Where at most 40% of the apartments in the condominium are public apartments, the percentages referred to in subsection (a)(1) shall be calculated only from the apartments that are not public apartments; in this subsection, "public apartment" – as defined in section 9 of the Urban Renewal Law (Agreements for the Organisation of Transactions), 5777-2017.
(d)Where a decision as referred to in subsection (a) has been made, written notice thereof shall be delivered to the developer, and upon delivery of the notice an apartment owner from that condominium who entered into an evacuation-construction transaction may cancel it, without being regarded as having breached his engagement with the developer, and the developer shall be entitled to payment from that apartment owner only in accordance with the provisions prescribed pursuant to subsection (e).
(e)The Minister of Justice, with the consent of the Minister of Construction and Housing, shall prescribe provisions regarding payment to a developer whose transaction was cancelled pursuant to the provisions of this section.

Form and Content of an Evacuation-Construction Transaction§

1e.
(a)The Minister of Justice, with the consent of the Minister of Construction and Housing and with the approval of the Interior and Environmental Protection Committee of the Knesset, shall prescribe provisions regarding the content and form of an evacuation-construction transaction, including provisions the breach of which shall render the transaction void.
(b)The Superintendent, as defined in the Government Authority for Urban Renewal Law, may issue a certificate to an apartment owner that an evacuation-construction transaction is void due to a breach of provisions prescribed by the Minister of Justice pursuant to subsection (a).
(c)The provisions of section 7(c) of the Government Authority for Urban Renewal Law shall apply to the examination of a request in a matter referred to in subsection (b).

Remedies for Unreasonable Refusal to Perform an Evacuation-Construction Transaction§

2.
(a)Where an attributed majority of apartment owners in the evacuation-construction cluster have agreed to enter into an evacuation-construction transaction, and a court has found that an apartment owner in that cluster unreasonably refuses to transfer his rights for the purpose of carrying out the transaction or makes his consent thereto conditional upon unreasonable terms (in this Law – a refusing apartment owner), the court may act in one of the following ways –
(1)determine that the refusing apartment owner is liable in torts towards the other apartment owners in that cluster who consent to the transaction, in respect of the damage caused to them as a result of the non-performance of the transaction;
(2)approve the performance of the transaction and also appoint a lawyer or an accountant, who is not an apartment owner in the cluster, who shall be authorised, in accordance with the court's instructions, to enter into the transaction on behalf of the refusing apartment owner.
(a1)A court may determine that in calculating the attributed majority of apartment owners, all or part of the rights of an apartment owner who did not agree to the conclusion of an evacuation-construction transaction (in this section – an objecting apartment owner) shall not be taken into account, if it has found that his objection stems from construction or use of the common property or an area adjoining the building without lawful authority, having regard, inter alia, to the scope of such construction or use and the period of time that has elapsed since they commenced, or that his objection stems from the unlawful division of the apartment owned by him into at least one additional apartment, provided that an application to that effect has been submitted, in proceedings of a claim under subsection (a) or in separate proceedings, and both of the following have been attached thereto:
(1)evidence of construction or use of the common property or an area adjoining the building without lawful authority, or of the unlawful division of apartments;
(2)evidence that more than one-half of all apartment owners in the condominium in which the objecting apartment owner's apartment is located, who own more than one-half of the common property in the condominium, agree to enter into an evacuation-construction transaction; in this paragraph, "all apartment owners in the condominium" – including the objecting apartment owners.
(b)A refusal to transfer rights as referred to in subsection (a) shall not be regarded as unreasonable, inter alia, in any of the following:
(1)the evacuation-construction transaction is not economically viable; if an evacuation-construction valuer has determined that the transaction is economically viable, that determination shall constitute a presumption that it is viable as aforesaid for the purpose of examining the reasonableness of the refusal, unless proven otherwise; if an evacuation-construction valuer has determined that the transaction will be economically viable upon the fulfilment of conditions that he prescribed, there shall be a presumption that it is viable as aforesaid upon the fulfilment of the conditions he prescribed, unless proven otherwise;
(2)the refusing apartment owner was not offered alternative accommodation for the period of construction of the new building, and if the refusing apartment owner or a family member residing with him is a person with a disability – the alternative accommodation offered to him does not include adaptations, to the extent that such adaptations existed in the apartment in respect of which the rights are being transferred or to the extent that they are required by the characteristics of the alternative accommodation;
(3)the refusing apartment owner was not offered adequate guarantees for the performance of the evacuation-construction transaction, and if conditions were prescribed by an evacuation-construction valuer with respect to economic viability – adequate guarantees were not provided for the fulfilment of the conditions;
(4)there exist special personal circumstances of the refusing apartment owner by reason of which the performance of the evacuation-construction transaction, on the terms agreed with the other apartment owners, is unreasonable.
(5)the apartment owner or a family member residing with him is a person with a disability and one of the following applies:
(a)the evacuation-construction transaction included the provision of an alternative permanent apartment to the apartment owner, and that apartment does not include adaptations to the extent that such adaptations existed in the apartment in respect of which the rights are being transferred or to the extent that they are required by the characteristics of the alternative permanent apartment;
(b)the evacuation-construction transaction did not include the provision of an alternative permanent apartment as referred to in sub-paragraph (a) – the transaction does not include consideration in respect of the value of the adaptations to the extent that they existed in the apartment in respect of which the rights are being transferred.
(6)the refusing apartment owner is an elderly person residing in the apartment and at least one of the following alternatives was not offered to him, at the developer's choice, in addition to the option of receiving a replacement apartment:
(a)giving the elderly person the option of choosing one of the following:
(1)moving to a parents' home, including with balancing payments, at a value similar to the capitalised value of a replacement apartment, provided that such a move is made possible no later than the date set in the evacuation-construction transaction for the evacuation of the apartment in respect of which the rights are being transferred;
(2)purchase of an alternative apartment of similar value to the capitalised value of a replacement apartment, to be delivered to the elderly person no later than the date set in the evacuation-construction transaction for the evacuation of the apartment in respect of which the rights are being transferred; the location of such an apartment shall, to the extent possible, be in proximity to the elderly person's apartment – if the elderly person so requested;
(3)receipt of a sum of money equal to the capitalised value of a replacement apartment, for the purpose of purchasing an alternative apartment by the elderly person using that sum, in whole or for the most part, no later than the date set in the evacuation-construction transaction for the evacuation of the apartment in respect of which the rights are being transferred;
(b)two apartments whose aggregate value is similar to the value of a replacement apartment;
(c)a replacement apartment whose area is smaller than the area of the replacement apartment that the elderly person was to have received under the evacuation-construction transaction, together with balancing payments, all at a value similar to the value of a replacement apartment;
(7)the refusing apartment owner residing in the apartment is one of those listed below, and the alternative referred to in paragraph (6)(a) was not offered to him, in addition to the option of receiving a replacement apartment:
(a)an elderly person who, at the time the first evacuation-construction transaction was signed, had reached, according to the Population Registry records, the age of 75 years;
(b)a terminally ill patient as defined in the Dying Patient Law, 5766-2005;
(c)a person who, at the time of the signing of the first evacuation-construction transaction, resided in the apartment and was entitled to a nursing care allowance pursuant to section 224(a)(5) or (6) of the National Insurance Law [Consolidated Version], 5755-1995.
(c)In this section –

"person with a disability" – as defined in section 5 of the Equal Rights for Persons with Disabilities Law, 5758-1998;

"adaptations" – modifications or installations in the apartment or in the common property of the condominium in which the apartment is located that are required by a person with a disability, by reason of his disability, for the purpose of his safe and independent access to the apartment or to the common property serving it.

Evacuation-Construction Valuer§

2a.
(a)An attributed majority of apartment owners for the purpose of determining economic viability may apply to the Director of the Government Authority for Urban Renewal with a request to appoint an evacuation-construction valuer for the purpose of section 2(b)(1), in order that he may decide whether the proposed evacuation-construction transaction is economically viable, and if it is not – upon what conditions it shall be considered viable.
(b)The Director of the Government Authority for Urban Renewal shall appoint an evacuation-construction valuer from the valuers list and shall notify the applicants and the apartment owners who are not among the attributed majority for the purpose of determining economic viability, within 15 days from the date of receipt of the application, of the identity of the valuer appointed by him.
(c)An evacuation-construction valuer shall deliberate and determine whether a proposed evacuation-construction transaction is economically viable, and if it is not – upon what conditions it shall be considered viable.
(d)An evacuation-construction valuer shall not be appointed, and if appointed – shall not deal with a matter referred to him, if doing so is liable to cause him to find himself, directly or indirectly, in a conflict of interest between his role as evacuation-construction valuer in that matter and a personal interest of his or another role of his; for this purpose –

"personal interest" – including a personal interest or another role of his relative or of a person employed by him;

"relative" – as defined in the Planning and Building Law.

(e)An evacuation-construction valuer, or another person on his behalf or for his benefit, shall not receive any benefit, directly or indirectly, from a person whose matter is being deliberated before him or from a person who was a party to proceedings conducted before him, other than remuneration and reimbursement of expenses received pursuant to this subsection, if two years have not yet elapsed from the day on which he gave a decision in that person's matter, and shall not receive any benefit in connection with a matter that was deliberated or brought before him in his capacity as evacuation-construction valuer, other than remuneration and reimbursement of expenses as aforesaid; the Minister of Justice, with the approval of the Interior and Environmental Protection Committee of the Knesset, may prescribe provisions regarding this subsection.
(f)An evacuation-construction valuer shall not deal with evacuation-construction transactions and with the matters of a person whose principal occupation also involves such transactions, other than by virtue of an appointment as referred to in subsection (b), if six months have not yet elapsed from the date on which he ceased to be registered in the valuers list or if one year has not yet elapsed from the date of the giving of his last opinion by virtue of an appointment as aforesaid; the Minister of Justice, with the approval of the Interior and Environmental Protection Committee, may prescribe provisions regarding this subsection.
(g)An evacuation-construction valuer who does any of the following shall be liable to imprisonment of three years:
(1)deals with a matter that is liable to cause him to find himself, directly or indirectly, in a situation of conflict of interest, contrary to the provisions of subsection (d);
(2)receives a benefit contrary to the provisions pursuant to subsection (e);
(3)deals with an evacuation-construction transaction or with the matter of a person whose principal occupation also involves evacuation-construction transactions, contrary to the provisions pursuant to subsection (f).

The Valuers List§

2b.
(a)The Minister of Justice shall, upon the recommendation of the Advisory Committee, establish a list of real property valuers qualified to serve as evacuation-construction valuers; no such list shall be established unless real property valuers have been approached, by way of publication in a newspaper and on the websites of the Ministry of Justice and the Ministry of Construction and Housing, for the purpose of submitting candidacies for inclusion in the valuers list; for this purpose –

"the Advisory Committee" – the committee established pursuant to section 202d of the Planning and Building Law;

"publication in a newspaper" – as its meaning in the Planning and Building Law.

(b)An evacuation-construction valuer shall be included in the valuers list for a period of five years, or until reaching the age of 70, whichever is the earlier.
(c)The valuers list shall be published in Reshumot (Official Gazette) and on the websites of the Ministry of Justice and the Ministry of Construction and Housing.
(d)A person in whom all of the following conditions are met is qualified to serve as an evacuation-construction valuer:
(1)he is an Israeli citizen or a permanent resident of Israel;
(2)he is a valuer registered in the Real Property Valuers Register for at least seven years preceding his appointment, during which he was actually engaged in real property valuation for at least five years, including at least two consecutive years immediately prior to the date of submission of his candidacy;
(3)he has not been convicted of an offence which, by reason of its gravity, nature or circumstances, renders him unfit to serve as an evacuation-construction valuer, and a court has not determined in respect of him that he committed such an offence, even if it did not convict him thereof;
(4)his registration in the Real Property Valuers Register was not suspended in the five years prior to the submission of his candidacy, and if it was suspended – at least five years have elapsed from the date of the end of the suspension until the date of appointment;
(5)he is not legally incompetent, a person declared bankrupt, or a person for whom a guardian has been appointed;
(6)he is not liable to find himself, directly or indirectly, in a recurring situation of conflict of interests between his tenure as an evacuation-construction valuer and a personal interest as its meaning in section 2a(d) or another function of his.

Reduction of the Rate of Compensation§

3.

Where a court has determined pursuant to the provisions of section 2(a)(1) that a refusing apartment owner is liable in torts to the other apartment owners in the evacuation-construction cluster, the court may, if it considers it just to do so, determine that the refusing apartment owner shall bear only part of the damage suffered by the apartment owners; for this purpose, the court shall consider, inter alia, the following considerations:

(1)the extent of the damage caused to the apartment owners who consented to the evacuation-construction transaction;
(2)the solvency of the refusing apartment owner to bear the damage;
(3)the circumstances of the transaction.

Ownership of More Than One Apartment§

4.

For the purpose of calculating the attributed majority among apartment owners who consent to an evacuation-construction transaction in a condominium containing six or more apartments, an apartment owner who owns more than thirty percent of the apartments in the condominium shall be regarded as owning thirty percent of the apartments in the condominium, plus one-third of the rate of the difference of the apartments in the condominium; in this Section, "rate of the difference" – the rate of the apartments in the condominium owned by him out of the total apartments in the condominium, less thirty percent.

Application of the Civil Wrongs Ordinance§

5.

The provisions of the Civil Wrongs Ordinance [New Version] shall apply to a tort under section 2(a)(1), subject to the provisions of this Law.

Action for the Evacuation of an Apartment in respect of which a Court has Approved the Performance of an Evacuation-Construction Transaction§

5a.

Notwithstanding the provisions of any law, an action for the evacuation of an apartment in respect of which a court has approved the performance of an evacuation-construction transaction as referred to in section 2(a)(2) shall be filed with the same court that approved the transaction as aforesaid.

Application to the Commissioner regarding Approaches to Tenants in Urban Renewal§

5b.
(a)The Commissioner as defined in the Government Authority for Urban Renewal Law may determine that an evacuation-construction transaction is void, if he found that an apartment owner signed an evacuation-construction transaction in any of the following circumstances (in this Section – abusive signing):
(1)the apartment owner signed the transaction in a language not understood by him, without the developer or a person on his behalf having explained to him the principal terms of the transaction in a language understood by him;
(2)the developer or a person on his behalf exploited, for the purpose of the signing, the medical, mental or intellectual disability of the apartment owner, and the developer or a person on his behalf knew or ought to have known of the existence of such a disability;
(3)the developer or a person on his behalf created a misleading representation towards the apartment owner, for the purpose of entering into the transaction, that he is a representative on behalf of a public authority;
(4)the developer or a person on his behalf provided the apartment owner with misleading information, including misleading information regarding the number of apartment owners who had consented to the transaction up to the date of signing or misleading information regarding the terms of the transaction agreed upon with the other apartment owners.
(b)The provisions of section 7 of the Government Authority for Urban Renewal Law shall apply to the examination of an application concerning abusive signing.

Disclosure and Transparency Obligations§

6.
(a)Each of those listed below shall clearly indicate, in the first approach to apartment owners, before the signing of an engagement agreement and also in the text of the engagement agreement, if he is one of the following:
(1)a person acting on behalf of a developer interested in performing an evacuation-construction transaction;
(2)a person who receives or is about to receive consideration from the developer or from the contractor who is to carry out the construction;
(3)a person whose fee is contingent upon the conclusion of an evacuation-construction transaction.
(b)A person as referred to in subsection (a) shall of his own initiative report to apartment owners in the cluster on any non-negligible change in the consideration to be received by an apartment owner in the cluster, in comparison with other apartment owners in the same cluster.
(c)If a person as referred to in subsection (a) contravened a provision of subsections (a) or (b), this shall constitute grounds for a tenant to withdraw from a consent given to an evacuation-construction transaction, even if he signed a binding engagement agreement.

Stipulation in Favour of an Apartment Owner§

6a.

A stipulation derogating from the provisions under this Law that is not in favour of an apartment owner – is void.

Implementation and Regulations§

7.
(a)The Minister of Justice is charged with the implementation of this Law, and may, with the consent of the Minister of Construction and Housing, and with the approval of the Interior and Environmental Protection Committee of the Knesset, make Regulations on any matter relating to its implementation, subject to the provisions of subsections (b) to (d) and section 1b(c).
(b)The Minister of Justice, with the consent of the Minister of Finance and in consultation with the Minister of Construction and Housing, shall prescribe rules for determining the fee of an evacuation-construction valuer.
(c)The Minister of Justice, with the approval of the Interior and Environmental Protection Committee of the Knesset, shall prescribe rules of procedure for applications to be submitted to an evacuation-construction valuer, including with respect to the manner of submission of such applications and the time limits for their submission, for deliberation thereon and for the making of a decision thereon.
(d)The Minister of Justice, with the consent of the Minister of Construction and Housing, may prescribe provisions regarding the capitalisation of the value of a replacement apartment as referred to in section 2(b)(6).

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LawReal Estate & Land

חוק פינוי ובינוי (עידוד מיזמי פינוי ובינוי), תשס"ו-2006

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5766-2006