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Law No. 5 of 2009 concerning the Agricultural Risk Management Fund as amended by the Law No. 42 of 2015.

Country/Territory
Jordan
Document type
Legislation
Date
2009 (2015)
Source
FAO, FAOLEX
Subject
Agricultural & rural development
Keyword
Agricultural development Special fund Liability/compensation Financial agricultural measures Risk assessment/management
Geographical area
Asia, Middle East, Near East and North Africa, Red Sea & Gulf of Aden, Western Asia
Abstract

This Law is concerned with the establishment of the Agricultural Risk Management Fund; it is composed of 15 articles. The Agricultural Risk Management Fund has financial and administrative independence and has to deal with all legal actions to achieve its goals. Article 4 provides for the goals of the Fund in managing risks to the agricultural sector according to principles and mechanisms, Institutional capacity-building in the field of agricultural risk management, contributing for the achievement of sustainable agricultural development, as well as encouraging beneficiaries to adopt modern means to reduce agricultural risks as much as possible while developing control techniques to reduce losses . The Law also sets forth the organization and the management of the fund.

Full text
Arabic

References - Legislation

Implemented by

Bylaw No. 57 of 2023 to compensate farmers affected by agricultural risks issued pursuant to Paragraph (C) of Article 4 of the Agricultural Risk Management Fund Law No. 5 of 2009.

Legislation | Jordan | 2023

Keyword: Agricultural land, Equipment, Farming, Financial agricultural measures, Hazards, Liability/compensation, Resource/damage valuation, Risk assessment/management, Smallholders/peasants, Social protection, Water shortage/drought

Source: FAO, FAOLEX