The Land Fund is a vital mechanism managed by the Uganda Land Commission (ULC) under Section 41 of the Land Act. Its core purpose is to resolve historical land injustices, assist lawful tenants to acquire land titles, and resettle vulnerable or displaced populations.
Specific details and functions regarding the Land Fund include:
Core Functions
• Buying out Absentee Landlords: The fund provides money for the government to acquire registered land from "absentee landlords" (owners who do not live on the land) so that tenants by occupancy can gain formal titles.
• Loaning to Tenants: It issues loans to lawful and bona fide tenants (those who have lived on the land for years undisturbed) to help them buy their plots.
• Resettlement: It helps resettle people who have been made homeless by natural disasters, government actions, or other emergencies.