16°: Acquisitions of woods and forests and land for reforestation

Acquisitions of properties in the nature of woods and forests and bare land not subject to a prohibition on afforestation, recorded in a notarised deed signed before 1 January 2005, are exempt from any levy for the benefit of the Treasury if the purchaser undertakes in the deed of acquisition to reforest the bare land within a period of five years and to present within the same period one of…