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Resolution No. 7 of 1986 amending Resolution No. 6 of 1985 on the Agrarian Credit Act.

Country
Type of law
Regulation
Source

Keywords

Abstract
This Resolution amends articles 8 and 16 of Resolution No. 6 of 1985 on the Agrarian Credit Act as follows: (a) “the loaner borrower shall not pay any administrative fees if the amount does not exceed Bahrain Dinar (BHD) 5,000”; (b) “a new loan is not permitted unless at least 50% of the last loan has been payed off”.
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Repealed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 رقم7 لسنة 1986م بتعديل بعض أحكام القرار رقم 6 لسنة 1985م بشأن نظام التسليف الزراعي