Latest Headlines

Draft law will allow Turkish Cypriots to apply to IPC

2 April 2014

A draft law is being prepared to allow Turkish Cypriots to apply for compensation to the Immovable Property Commission for properties abandoned in the South, Turkish Cypriot daily ‘Yeni Duzen’ reports.

Prime Minister Ozkan Yorgancioglu has said that a legal arrangement will soon allow applications to be made in the near future.

However, when asked what would happen to those who had been granted equivalent points for properties abandoned in the South but had, as yet been unable to get any property in the North for those points, the prime minister said that while the Cyprus negotiations were in progress, distributing such properties would be wrong. He added that his government’s aim is to make it possible for Turkish Cypriots who left immovable property in the South and could not get something in return in the North, to apply to the Immovable Property Commission. “We are considering such means for those who have points and did not get their equivalent or anything else”, he commented.

He added that “if a Turkish Cypriot agrees with a Greek Cypriot, personally or through the Property Compensation Commission on the issue of exchanging property, the Greek Cypriot administration will not be able to oppose this, because exchange is currently carried out via the Property Compensation Commission. We are about to finish the draft-law and we will present this to the Assembly shortly.”

By