Article 15:
Real and movable properties in the public ownership of the Republic of Serbia, Autonomous Province and/or a local self-government unit, as well as property in state, social and cooperative 7 ownership shall be returned by the Law, except for the property owned by co-operatives and property in the social and cooperative ownership which the holder acquired for a fee. The subject of restitution shall imply nationalized real property: construction land, agricultural land, forests and forest land, residential and commercial buildings, apartments and business premises and other structures existing on the date of entry into force of the Law. The subject of restitution shall imply nationalized movable properties registered in the Public Register, and other movable properties which according to the regulations on cultural properties represent cultural properties, and cultural properties of great and special importance existing on the date of entry into force of the Law.
Article 60:
A fine in the amount of RSD 10,000 to 50,000 shall be the punishment for an offence committed by a responsible person in the authority of the Republic of Serbia, authority of the Autonomous Province, authority of the local self-government unit and another authority or organisation who fails to issue necessary documentation available within his or her competencies in accordance with Article 13 of the Law.
Article 62:
Property confiscated from former owners, for which a claim was submitted in accordance with the Law on Reporting and Recording of Seized Property ("Official Gazette of the RS", No. 45/05), may be recovered from the date of entry into force of the Law, according to the provisions of the Law, and it may not be the subject of alienation, mortgage or pledge before valid completion of the proceedings on the basis of the restitution claim. Prohibition of alienation and encumbrance of the property referred to in paragraph 1 of the Article shall, in terms of the property for which restitution claims have not been submitted, cease to exist after expiry of the deadline for submitting claims. Recovered property shall be in free float, and the Republic of Serbia, Autonomous Province and/or a local self-government unit shall have the right of first refusal when first alienated. A property alienation and encumbrance act which is contrary to the provisions of the Article shall be null and void.
