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Agricultural Loans Act (Cap. 9).

Country/Territory
Grenada
Document type
Legislation
Date
1937 (1990)
Source
FAO, FAOLEX
Long title
An Act relating to loans for agricultural purposes.
Subject
Agricultural & rural development, Land & soil
Keyword
Agricultural development Credit Financial agricultural measures Legal proceedings/administrative proceedings Institution Agricultural land
Geographical area
Americas, Caribbean, Latin America and the Caribbean, North Atlantic, Small Island Developing States
Abstract

The Act provides with respect to the granting of loans for the cultivation and management of land. No person who is owner of lands of a gross agricultural value exceeding two thousand five hundred dollars shall be eligible for a loan by the Government under this Act, provided that the Minister may from time to time increase the limit to any amount not exceeding five thousand dollars. The loan shall be used for specified purposes including the cultivation and management of the land in respect of which such loan is made, the purchase of livestock for the production of manure for such lands and the purchase of fertilizers for such lands. A loan shall be considered a charge on land and produce.

Full text
English