Repealing the forced auction redemption act
Act repealing the Act on the Redemption to the State of Real Estate to Be Sold at Forced Auction
The state will give up its option to redeem real estate sold at forced auction. The act dating from 1938 will be repealed as obsolete and unnecessary.
- Status
- Passed
- Submitted
- 31 Mar 2016
- Latest event
- 28 Apr 2016
- Votes
- 0
- Speeches
- 2
- Confirmed
- 20 May 2016
- Statute
- 362/2016
- Source
- eduskunta.fi ↗
What is proposed
The Act on the Redemption to the State of Real Estate to Be Sold at Forced Auction will be repealed in its entirety.
What it means
This will reduce administrative work for public authorities, as enforcement authorities will no longer need to submit approximately 160–170 notifications of forced auctions each year to the ELY Centre (Centre for Economic Development, Transport and the Environment). The proposal will have no direct economic impacts or impacts on businesses, as the state's option of redemption was last used in the 1990s. The act will enter into force as soon as possible.
How Parliament voted
The bill passed without a vote – no MP proposed rejecting or amending it in plenary.
Debate in the chamber
MPs' plenary speeches verbatim from the parliamentary record. Open a debate to read what was said about the bill and by whom. Speeches are shown in their original language.
2 speeches · 2 speakers · 1 debate
Keskustelu päättyi. Asia lähetettiin maa- ja metsätalousvaliokuntaan.
Stages of consideration
The bill's path from the preliminary debate to the decision, as recorded by Parliament.
- 31 Mar 2016Eduskuntakäsittelyn vireilletulo · Maa- ja metsätalousministeriö
- 5 Apr 2016Lähetekeskustelu · Täysistunto
- 14 Apr 2016Valiokunnan mietintö tai lausunto · maa- ja metsätalousvaliokunta
- 21 Apr 2016Ensimmäinen käsittely · Täysistunto
- 26 Apr 2016Toinen käsittely · Täysistunto
- 27 Apr 2016Eduskunnan vastaus ja kirjelmä
Decisions by law proposal1
- 1Laki pakkohuutokaupalla myytävien kiinteistöjen lunastamisesta valtiolle annetun lain kumoamisestaHyväksytty · 362/2016 · 20 May 2016
Proposed law text
The law proposals in the bill as the Government presented them. The final act may differ after committee consideration.
The law text is shown in Finnish or Swedish from Parliament's official documents; it is not translated into English.
Laki pakkohuutokaupalla myytävien kiinteistöjen lunastamisesta valtiolle annetun lain kumoamisesta
Eduskunnan päätöksen mukaisesti säädetään:
1 §
Tällä lailla kumotaan pakkohuutokaupalla myytävien kiinteistöjen lunastamisesta valtiolle annettu laki (23/1938).
2 §
Tämä laki tulee voimaan päivänä kuuta 20 .
Main content of the bill (official)
The summary and title were produced with AI on 13 Sep 2026. They are not official documents – check the details in the original bill. The title and summaries are machine translations of the Finnish AI summaries. Speeches and quotations are always shown in their original language.