Expropriation


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Related to Expropriation: Creeping expropriation

Expropriation

 

(1) In law, the forced alienation of property, with or without compensation, by the government. Both real property (for example, land used for railroads or unpaved roads) and movable property (such as precious metals) may be expropriated. Depending on whether or not compensation is paid, expropriation may take the form of requisition or confiscation.

(2) The removal by one social class of another class’s property and social status. Within a class, the term “expropriation” is applied to the removal by one stratum of another stratum’s property and status—for example, a legislative act secularizing church lands. Immediately after the victory of the Great October Socialist Revolution of 1917, the Soviet government expropriated substantial portions of the property of the former exploiting classes.

References in periodicals archive ?
Amular, who took over the expropriation case from Go, cited pronouncements made by the firms' respective legal counsels over radio stations.
It also recommended the Land Claims Court be reformed to become the main expropriation body, and be given additional powers to adjudicate on all land related matters, including the calculations of the value of land targeted for appropriation and what rights affected land owners were entitled to.
This effectively amounts to expropriation without compensation, because the payments will be lower than the housing companies' bank liabilities.
That has led to a renewed clam- our for expropriation without compensation.
As a result, expropriation is being seen as a means to accelerate the process.
The first generation of Chinese BITs lack a clear definition of indirect expropriation. (21) First-generation BITs refer to expropriation as measures that have the effect of expropriation or nationalization.
In order to provide much-needed clarity on laws pertaining to land redistribution, on July 31, South African President Cyril Ramaphosa announced that African National Congress (ANC), the ruling party, would implement plans to amend the constitution in order to allow the expropriation of land without compensation, following a motion passed by parliament in February.
'The expropriation of lands should be done in a legal manner and with just compensation for the farmers,' Andaya said.
Therefore this study is to investigate the extent level of expropriation in ACE Market and to investigate the relationship of firm financial performance and board's independence towards expropriation of minority shareholders' interest in ACE Market.
According to a news release issued by the city's Department of Public Information in February, Mayor Cheng said that the requisition of zone expropriation will begin next year (2019), including the land for the exclusive industrial district, the Airport Park, and the free trade area.
THE former South African President, Jacob Zuma's son, Edward, on Monday defended his father who is facing criminal charges saying he is being victimised for calling for expropriation of land.