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Law No. 5479-VI “On agrarian receipts”.

Country/Territory
Ukraine
Document type
Legislation
Date
2012
Source
FAO, FAOLEX
Subject
Agricultural & rural development
Keyword
Agricultural commodities Agricultural land Financial agricultural measures Fiscal and market measures
Geographical area
Black Sea, CIS (Commonwealth of Independent States), Eastern Europe, Europe, Europe and Central Asia
Entry into force notes
This Law enters into force on the date of its official publication.
Abstract

This Law regulates relations in the process of legalization, issuing, circulating and acting of agricultural receipts, registration thereof and is aimed at setting forth legal, economic, organizational conditions for the functioning of these document. Agricultural receipt shall be intended title deed setting obligation of the debtor guaranteed by mortgage to deliver agricultural commodities or pay equivalent in cash. Agrarian receipts can be issued entitled to ownership or tenancy to plots of agricultural land. Financial agricultural receipt establishes obligation of the debtor to pay monetary amount exclusively by bank transfer. Agricultural receipt establishes the modalities of guaranteeing fulfilment of obligations by debtor through mortgage of the future yield.

Full text
Russian
Website
uazakon.ru