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Act on the promotion of agribusiness (No. 6 of 2009).

Type of law
Legislation
Source

Abstract
The objective of the present Act is to contribute to Greenland's food security and promote an efficient and competitive agricultural industry trough measures that have a positive long-term employment and socioeconomic effect. It covers all relevant agricultural areas, including animal production, forestry, vegetable production, plant production for the manufacture of feed, leather production, etc. The Government may grant loans and subsidies to persons or companies entitled to farming in Greenland in accordance with this Act. Detailed principles and rules are laid down regarding loans and subsidies for agribusiness promotion, including economic support for the acquisition of machines, implements, irrigation systems, the acquisition of breeding animals, reparations, etc.
Date of text
Entry into force notes
This Act enters into force on 1 January 2010.
Repealed
No
Source language

English

Legislation Amendment
No
Original title
Inatsisartutlov nr. 6 af 2. december 2009 om erhvervsfremme af landbrug.