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Economic relations

Constitution of the Italian Republic

Article 42

The ownership of property is public or private. Economic assets belong to the State, to entities or to individuals. Private property shall be recognised and guaranteed by the law, which shall define the ways in which it may be acquired and enjoyed, as well as any relevant limitations, so as to ensure its social function and make it accessible to all. Private property, in the cases provided for by the law and subject to compensation, may be expropriated for reasons of public interest. The law shall lay down the rules and limitations on legitimate and testamentary succession and the rights of the State in matters of inheritance.

Official English translation