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Decree-Law No. 37 of 2022 amending Decree-Law No. 12 of 2013 concerning the Agricultural Risk Mitigation and Insurance Fund and its amendments.

Type of law
Legislation
Source

Abstract
This Decree-Law, consisting of four articles, amends provisions of the original Law to clarify and adjust the financing of the fund, particularly by specifying farmer contributions and related revenue sources. The key amendments revise Article 24(3) to redefine the fund’s financial resources derived from farmers as follows: (a) a portion, not exceeding 30%, of tax refunds on agricultural goods returned to farmers with their written consent; (b) a 1% levy on the marketing of agricultural products; and (c) insurance premiums paid by insured parties under insurance contracts.
Date of text
Entry into force notes
This Decree-Law enters into force on the date of its issuance.
Repealed
No
Source language

English

Legislation Amendment
No
Original title
قرار بقانون رقم (37) لسنة 2022م بتعديل قرار بقانون رقم (12) لسنة 2013م بشأن صندوق درء المخاطر والتأمينات الزراعية وتعديلاته