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Law on the Settlement of Accounts with the Producers of Unprocessed Agricultural Produce (1995)

Country/Territory
Latvia
Document type
Legislation
Date
1995 (2011)
Source
FAO, FAOLEX
Original source
Latvijas Vēstnesis, 177, 15.11.1995.; Latvijas Republikas Saeimas un Ministru Kabineta Ziņotājs, 24, 28.12.1995.
Subject
Agricultural & rural development
Keyword
Agricultural commodities Agricultural development Cereals/grains/rice Liability/compensation Farming Financial agricultural measures Fiscal and market measures Processing/handling Subsidy/incentive Crops/grasses
Geographical area
Europe, Europe and Central Asia, European Union Countries, Northern Europe
Abstract

The Law prescribes the procedures by which the settlement of accounts shall be made between the producers (suppliers) of unprocessed agricultural produce and merchants engaged in the processing, trade of produce or using the produce for the performance of their economic activities. The term of payment provided for in the contracts concluded shall not exceed 30 days from the date of delivery of the produce. This term of payment shall not be applicable to grain supply contracts.

Full text
English/Latvian
Website
likumi.lv