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Agricultural Loans Act.

Country/Territory
Jamaica
Document type
Legislation
Date
1887 (1973)
Source
FAO, FAOLEX
Subject
Agricultural & rural development, Land & soil
Keyword
Agricultural development Contract/agreement Credit
Geographical area
Americas, Caribbean, Latin America and the Caribbean, Small Island Developing States
Abstract

This Act allows owners or occupiers of land for cultivation to pledge crops growing on the land and other produce originating from the land as security for agricultural loans. The Act defines the effect of the pledge and requires contracts to be recorded with the Record Office. The Act also defines powers of creditors in relation with recovery of loans and defines the offence of fraud by the borrower.

Full text
English
Website
www.caricomlaw.org