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Law No. 10.696 establishing negotiation requirements for agricultural rural credit and creating the Programme for Food Acquisition.

Country/Territory
Brazil
Document type
Legislation
Date
2003
Source
FAO, FAOLEX
Subject
Agricultural & rural development, Food & nutrition
Keyword
Credit Agricultural development Legal proceedings/administrative proceedings Family farming Farming Food security
Geographical area
Amazonia, Americas, Latin America and the Caribbean, North Atlantic, South America, South Atlantic
Entry into force notes
This Law enters into force on the day of its publication.
Abstract

This Law authorizes renegotiation and extension for debts arising from rural credit operations under the Special Credit Program for Agrarian Reform - Procera and creates the Programme for Food Acquisition to incentivate family farming. Creditors who are not responding for their obligations are subject to the following conditions: renegotiation for a period of up to eighteen years, incorporating the interests referred to in item II and calculating annual installments; from the renegotiation date, the transactions will be subject to an interest rate of 1,15 % per year; financial agents within one hundred eighty days after the date on which the regulations of this Law is published ask formally for renegotiation.

Full text
Portuguese
Website
www.planalto.gov.br

References - Legislation

Repeals

Law No. 10.464 on the renegotiation and extension of debts from rural credit transactions within Agrarian Reform’s Special Credit Programme (PROCERA) and the National Programme for Strengthening Family Farming (PRONAF).

Legislation | Brazil | 2002

Keyword: Financial agricultural measures, Cooperative/producer organization, Less favoured areas, Special fund, Subsidy/incentive, Family farming, Farming

Source: FAO, FAOLEX

Implemented by

Decree No. 15.163 providing for the exemption from the VAT all foodstuff produced by family farmers for school feeding programme within the National Programme for Strengthening Family Agriculture.

Legislation | Brazil | 2014

Keyword: Food security, Policy/planning, Legal proceedings/administrative proceedings, Family farming, School feeding

Source: FAO, FAOLEX

Decree No. 0621 providing for the exemption from the VAT all foodstuff produced by family farmers for school feeding programme within the National Programme for Strengthening Family Agriculture.

Legislation | Brazil | 2011

Keyword: Food security, Policy/planning, Legal proceedings/administrative proceedings, Family farming, School feeding

Source: FAO, FAOLEX

Decree No. 7.775 regulating the Programme for Food Acquisition (PAA).

Legislation | Brazil | 2012 (2019)

Keyword: Credit, Agricultural development, Legal proceedings/administrative proceedings, Family farming, Biodiversity, Agroecology, Cooperative/producer organization, Farming, Food security, Right to food, School feeding, Human rights

Source: FAO, FAOLEX