Annotation

To define the goals and systematize land transformations and land reform in Ukraine, it is necessary to adopt the State Program for the Development of Land Relations until 2030 and the new Land Code. It is important to conduct a state inventory of land, allocating agricultural land of state and communal ownership, forming appropriate registers of land and the mechanisms of state regulation of land relations by the economic methods, through appropriate sanctions and incentives, norms and standards.

Formation of the latest invar-mental economic system of rational land use requires improvement of the land legislation of Ukraine and its consistency with existing regulations of other branches of law and traditional institutions of society, because some laws do not find practical application, others form corruption schemes and institutional traps because the legislative mechanism for the implementation of legal institutions in the land sphere is formal or doesn’t exist at all.

The principle of changing the emphasis is to move away from the pro-Soviet principles of permanent land use, the use and the disposal of state and communal lands, creating a full system of state, communal and private lands, the development through purchase, consolidation, sale of lands, farms, agricultural cooperatives and agrarian production according to rural development plans, allocation of investment-attractive lands for the implementation of innovative projects in the agricultural sector, active land development of agricultural lands.

It is possible to overcome the existing negative tendencies and spatial uncertainty by ensuring full circulation of agricultural lands in Ukraine and effective state mechanisms of regulatory economic policy in the agricultural land use.

In the article it is proposed to create the State Land Bank and the State Land Fund, renewing in the tax legislation the target nature of expenditures from land taxes and payments for state and communal lands (including lease payments). Money from the land is returned exclusively for the radical land improvement, reclamation, reconstruction and creation of protective plantations, including formation of a credit basket of the State Land Bank.