Government Decree No. 30 of 2000 (III. 10.) on the Farmer Loan Facility and the Farmer Loan Programme.

This Government Decree regulates the Farmer Loan Facility and the Farmer Loan Programme. In order to reduce the indebtedness of agricultural producers, to create the financial conditions for the desired farming and production structure, a credit facility will be launched under the conditions set out in this Regulation. Section 2 of the 273/1997 on the general conditions for the use of agricultural subsidies in the development loan scheme. Applicants must have: (a) 50% of its annual turnover coming from agricultural activity. Applicants may take part in the development loan scheme on the basis of a detailed application issued by the Ministry responsible for agricultural policy (hereinafter referred to as the Ministry). The application must include: (a) development plan; (b) amount, distribution and loan amount of the loan to be converted on 31 December 1999 per credit agreement; (c) the amount of additional credit needed to realize the development plan; (d) certificate from the county government office acting within the scope of its competence in the field of agriculture as provided for in Article 2 (a) and (b). The development plan shall include: (a) specific information to the current situation of the enterprise (production structure, assets, ownership structure, profitability, liabilities, etc.); (b) a program to change the production structure; (c) impact on the asset situation or on additional capital resources of the activities to be eliminated or reduced; (d) information on the impact of production change on product quality, information on the market position of products; (e) planned change in profitability; (f) impact on employment; (g) associated liquidity plan, the additional source of funds, etc.