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Agricultural and Agrarian Insurance Act (No. 20 of 1999).

Country/Territory
Sri Lanka
Document type
Legislation
Date
1999
Source
FAO, FAOLEX
Long title
An Act to provide for the establishment of an Agricultural and Agrarian Insurance Board to provide insurance of agricultural and horticultural crops and medicinal plants, livestock, fisheries and forestry, agricultural equipment and the storage and preservation of agricultural and horticultural produce and the products of medicinal plants, fisheries and forest produce; to provide medical benefits and social security schemes for agriculturists; to repeal the Agricultural Insurance Law No. 27 of 1973; and to provide for matters connected therewith or incidental thereto.
Subject
Agricultural & rural development, Cultivated plants
Keyword
Institution Agricultural land Special fund
Geographical area
Asia, Asia and the Pacific, Indian Ocean, South Asian Seas, Southern Asia
Abstract

This Act provides for the establishment of an Agricultural and Agrarian Insurance Board to provide insurance of agricultural and horticultural crops, livestock, fisheries and forestry. The Board shall operate a comprehensive insurance scheme for the benefit of agriculturists with the objective of providing stability to agriculturists and to promoting agricultural production. The Board shall have its own fund known as the Agricultural and Agrarian Insurance Fund. The Minister may make regulations for the purpose of implementing the principles and provisions of this Act (sect. 32).

Full text
English

References - Legislation

Repeals

Agricultural Insurance Law (No. 27 of 1975).

Legislation | Sri Lanka | 1973

Keyword: Agricultural development, Institution, Special fund, Subsidy/incentive

Source: FAO, FAOLEX