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Willing buyer, willing seller policy out – ANC

The ANC has reaffirmed its intention of replacing the “willing buyer, willing seller” land redistribution policy.

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“There was a very strong call for the removal of willing buyer as a policy [in 2005]… and [at] subsequent ANC conferences in 2007 and 2012 that matter came up sharply again,” ANC national executive committee member Thoko Didiza told reporters.

She was speaking on Sunday at a briefing held on the sidelines of the party’s National General Council in Midrand, Johannesburg.

“What we noted in that respect is that the Property Valuation Act of 2014, introduced by the Department of Land and Rural Development, will indeed replace such a policy area which was of concern.”

This will ensure that there is just and equitable redress as stated in the Constitution.

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The Act would regulate the valuation of property identified for land reform as well as property that was identified for acquisition or disposal by the department.

President Jacob Zuma announced in July that as of August 1 the Property Valuation Act of 2014 would come into operation.

News 24

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