The Government of Vietnam unifies amendments to the effectiveness of 03 Laws on Real Estate and the Law on Credit Institutions 2024

Le Truong Quoc Dat

18:02, 13/06/2024

On June 09, 2024, the Government of Vietnam promulgated Resolution 84/NQ-CP concerning the amendment and supplementation of certain articles of the Land Law 2024, Housing Law 2023, Real Estate Business Law 2023, and the Law on Credit Institutions 2024.

The Government of Vietnam unifies amendments to the effectiveness of 03 Laws on Real Estate and the Law on Credit Institutions 2024

In Article 1 of Resolution 86/NQ-CP dated June 9, 2024, the Government of Vietnam has unified to approve the draft Law on amending and supplementing certain provisions of the Land Law 2024, Housing Law 2023, Real Estate Business Law 2023, Law on Credit Institutions 2024. To be specific:

- Amending and supplementing Clause 1, Article 252 of the Land Law 2024 as follows:

+ Changing the effective date of the Land Law 2024 from January 1, 2025, to August 1, 2024, except as prescribed in Clauses 2 and 3, Article 252 of the Land Law 2024.

+ Articles 253, 254 (except Clauses 4 and 5), 255 (except Clause 8), 256 (except Clauses 2 and 4), 257 (except Clause 1), 258, 259, 260 (except Clauses 12, 14 and 15) of the Land Law 2024 shall take effect from January 1, 2025.

- Amending and supplementing Clause 1, Article 197 of the Housing Law 2023. To be specific:

Changing the effective date of the Housing Law 2023 from January 1, 2025, to August 1, 2024.

- Amending and supplementing Clause 1, Article 82 of the Real Estate Business Law 2023. To be specific:

Changing the effective date of the Real Estate Business Law 2023 from January 1, 2025, to August 1, 2024.

- Amending and supplementing Clause 2, Article 209 of the Law on Credit Institutions 2024 as follows:

Changing the effective date of Clause 3, Article 200 and Clause 15, Article 210 of the Law on Credit Institutions 2024 from January 1, 2025, to August 1, 2024.

Refer to Resolution 84/NQ-CP issued on June 9, 2024.

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