SUMMARY

http://www.knesset.gov.il/knesset/knes/eng_mimshal_yesod2.htm#2

Basic Law: Israel Lands was passed on July 25, 1960, by the fourth Knesset.

The basis of the law is the special relationship between the People of Israel and the Land of Israel and its redemption. The law ensures that the state lands, which constitute about 90% of the lands in the state, should remain national property. The law prohibits the transfer of ownership over lands owned by the state, the Development Authority or the Jewish National Fund, either by sale or by any other means, with the exception of types of land or transactions, that have been specified in the law.

FULL TEXT

http://www.israel.org/mfa/go.asp?MFAH00hg0

Basic Law: Israel Lands

Prohibition of transfer of ownership

1. The ownership of Israel lands, being the lands in Israel of the State, the Development Authority or the Keren Kayemet Le-Israel, shall not be transferred either by sale or in any other manner.

Permission by Law

2. Section 1 shall not apply to classes of lands and classes of transactions determined for that purpose by Law.

Definition

3. In this Law, "lands" means land, houses, buildings and anything permanently fixed to land.

DAVID BEN-GURION
Prime Minister

YITZCHAK BEN-ZVI
President of the State

*Passed by the Knesset on the 24th Tammuz, 5720 (19th July, 1960) and published in Sefer Ha-Chukkim No. 312 of the 5th Av, 5720 (29th July, 1960), p. 56 ; the Bill and an Explanatory Note were published in Hatza'ot Chok No. 413 of 5720, p. 34.