Law No.49 of 2012 on the exemption of peasants and farmers borrowers from the interests of previous loans incurred by them. Country/Territory Iraq Document type Legislation Date 2012 Source FAO, FAOLEX Subject Agricultural & rural development Keyword Sustainable development Smallholders/peasants Geographical area Asia, Middle East, Near East and North Africa, Persian Gulf, Western Asia Entry into force notes This Law enters into force on the date of its publication in the Official Gazette. Abstract This Law consisting of 6 articles aims at exempting small farmers who borrow agricultural loans from the interest of their loans. Article 2 establishes the amount of the loan to be exempted from the interests and that the loan has to be contracted with a public bank. Full text Arabic