Resolution No. 6 of 1985 on the Agrarian Credit Act.
Country
Type of law
Regulation
Abstract
The aim of this Resolution is to guarantee loans with favourable conditions for farmers. The present Resolution is composed of 19 articles. Article 1 deals with the objectives of this Act. Article 2 specifies the agricultural fields included in this Act. Articles 3-10 provide for the following: categories of loans (short term, middle term, long-term); payment conditions; specific loans for the purchase of equipment; and administrative expenses. Articles 11 and 12 define warranties and requirements for obtaining loans. Article 13 provides for the establishment of the Agrarian Credit Committee at the Minister of Trade and Agriculture. Articles 14 and 15 pertain to competencies and duties of the Committee. Article 16 lays down the conditions for obtaining new loans.
Attached files
Web site
Date of text
Entry into force notes
This Resolution enters into force on the date of its publication in the Official Gazette.
Repealed
No
Source language
English
Legislation Amendment
No
Original title
قرار رقم 6 لسنة 1985م بشأن نظام التسليف الزراعي