Law No. 10.696 establishing negotiation requirements for agricultural rural credit and creating the Programme for Food Acquisition.

This Law authorizes renegotiation and extension for debts arising from rural credit operations under the Special Credit Program for Agrarian Reform - Procera and creates the Programme for Food Acquisition to incentivate family farming. Creditors who are not responding for their obligations are subject to the following conditions: renegotiation for a period of up to eighteen years, incorporating the interests referred to in item II and calculating annual installments; from the renegotiation date, the transactions will be subject to an interest rate of 1,15 % per year; financial agents within one hundred eighty days after the date on which the regulations of this Law is published ask formally for renegotiation.