This Land Law aims to overhaul the distribution and management of land in Cambodia as well as protect property rights. This basic land legislation consists of 8 Titles; Private and public ownership (I); Acquisition of ownership (II); The regime of private ownership (III); Forms of ownership (IV); Immovable property used as surety (V); Cadastre (VI); Penalty provisions (VII) and Final provisions (VIII).The Law refers to recognition of rights to land of persons who have had peaceful, uncontested possession of the land for a certain period of time. It also recognizes the communal rights to immovable property for pagoda's and indigenous communities (art. 23). Objectives of the Law include a policy of institutional reform measures for market-orientated agricultural development. Any previous provisions contrary to this Law are repealed (art. 267).