Agricultural Charges Act (Chapter 35:01).
Country
Type of law
Legislation
Date of original text
Date of latest amendment
Abstract
This Act concerns the securing of debt owed by farmers to the National Development Bank established under the National Development Bank Act. The Bank may provide that this Act shall apply to any written lending agreement between the bank and a farmer. A certificate of indebtedness shall be drafted and registered with the Registrar. The Act also concerns the acquisition, sale and the hypothecation of movable assets, including agricultural produce, by the bank for the securing of the debt. The acquisition of such rights shall be stated on the certificate of indebtedness.
Attached files
Web site
Long title of text
An Act for providing additional security for moneys owing by farmers to the National Development Bank.
Notes
Consolidated version of Act No. 2 of 1967 as at 31 December 2008 and amended last by Act No. 40 of 1978.
Repealed
Yes
Source language
English
Legislation Amendment
No