Notification No. 2024/15 on the application principles regarding the use of interest/profit share supported investment and business loan/financing for agricultural production.
Country
Type of law
Regulation
Abstract
This Notification lays down the technical principles regarding investment and business loans/financing to be used by the Agriculture Bank and Agricultural Cooperatives for agricultural production between 1 January 2024 and 31 December 2026. It sets out provisions on the special criteria discount rates, types of production, technical criteria, delaying or paying off loans in installments due to natural disasters, and agricultural insurance.
The types of production in the scope of this Notification include sheep and goats, bovines, apiculture, disease-free animal husbandry, poultry, aquaculture, plant cultivation, feed crops, nationally certified seeds and saplings, ornamental plants, medicinal and aromatic plants, fruit. Investment will be allocated in the fields of agricultural machinery and equipment, land consolidation, pressurized irrigation system, licensed warehouse, cold storage, processing of agricultural products, contract farming, renewable energy, bioagriculture, agricultural R&D, and agricultural organizations.
The types of production in the scope of this Notification include sheep and goats, bovines, apiculture, disease-free animal husbandry, poultry, aquaculture, plant cultivation, feed crops, nationally certified seeds and saplings, ornamental plants, medicinal and aromatic plants, fruit. Investment will be allocated in the fields of agricultural machinery and equipment, land consolidation, pressurized irrigation system, licensed warehouse, cold storage, processing of agricultural products, contract farming, renewable energy, bioagriculture, agricultural R&D, and agricultural organizations.
Attached files
Web site
Date of text
Entry into force notes
Article 20 shall enter into force on the day it is published in the Official Gazette, other provisions shall enter into force on the date of its publication with effect from 1 January 2024.
Notes
The provisions of this Notification are enforced jointly by the Ministry of Agriculture and Forestry.
Repealed
No
Serial Imprint
Official Gazette No. 32533, 1 May 2024.
Source language
English
Legislation Amendment
No
Original title
Tarımsal Üretime Dair Faiz/Kâr Payı Destekli Yatırım ve İşletme Kredisi/Finansmanı Kullandırılmasına İlişkin Uygulama Esasları Tebliği (Tebliğ No: 2024/15).