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- Types and requirements of enforcers of business
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Types and requirements of enforcers of business
Last update date June 1, 2023
There are seven people who can implement the land readjustment project: individuals, land readjustment associations, land readjustment companies, the Minister of Land, Infrastructure, Transport and Tourism, local governments, the Urban Renaissance Agency (UR), and Local Housing Supply Corporation. Yes, each requirement is set.
| Enforcer | Requirements |
|---|---|
Individual (Joint) (Article 3, Paragraph 1 of the Act) |
・Right holders (owners of residential land and tenants) will jointly enforce by one or several people. ・The consent of all right holders is required. |
Land Readjustment Union (Article 3, Paragraph 2 of the Act) |
・Seven or more rights holders are jointly established and implemented by a union established with the consent of at least two-thirds of the right holders. ・The land readjustment association will be a corporation and will be dissolved after the project is completed. |
Land Readjustment Company (Article 3, Paragraph 3 of the Act) |
・A stock company with the right holder as a shareholder and shall be enforced by a company that meets all of the following requirements: ①The main purpose is to implement land readjustment projects ②Not a public company ③The right holder holds a majority of the voting rights of all shareholders. ④③Owners and companies own or leased at least two-thirds of the total land area of residential land and leased land |
Local governments (Article 3, Paragraph 4 of the Act) |
・Implemented by local governments (prefectures or municipalities); ・Establish enforcement regulations and business plans. ・Because business can be carried out only on land designated as enforcement area in city planning, city planning decision is required. |
Urban Renaissance Agency (UR) (Article 3-2 of the Act) |
・Implemented by the Urban Renaissance Agency. ・As with the enforcement of local governments, city planning decisions are required. |
In addition to the table above, there are enforcement of the Minister of Land, Infrastructure, Transport and Tourism enforcement (Article 3, Paragraph 5 of the Act) and the enforcement of the Local Housing Supply Corporation (Article 3-3 of the Act). In the case of any enforcer, approval by the Authorization Agency is required to start a business.
For inquiries to this page
Urban Development Bureau Urban Area Maintenance Coordination Section
Phone: 045-671-2695
Phone: 045-671-2695
Fax: 045-664-7694
Email address: tb-seibichosei@city.yokohama.jp
Page ID: 460-290-382
