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Microenterprise Loan Fund Act 2012 (No. 31 of 2012).

Country/Territory
Ireland
Document type
Legislation
Date
2012 (2020)
Source
FAO, FAOLEX
Long title
An Act to facilitate the lending of money to microenterprises; for that purpose to make provision for a fund to be known as the Microenterprise Loan Fund; to provide for the formation of a company to manage that Fund; and to provide for matters connected therewith.
Subject
Agricultural & rural development
Keyword
Agricultural development Credit
Geographical area
Atlantic Ocean Islands, Europe, Europe and Central Asia, European Union Countries, North Atlantic, North-East Atlantic, Northern Europe
Abstract

This Act provides for the creation of the Microenterprise Loan Fund and lending to microenterprises. The Minister may, with the consent of the Minister for Finance and the Minister for Public Expenditure and Reform, make a scheme or schemes for the purposes of this Act. A scheme may make provision in relation to, among other things: (a) the class or classes of microenterprise to which the scheme shall apply, (b) the purposes for which moneys loaned by the subsidiary to microenterprises may be applied, (c) the maximum amount or amounts that the subsidiary may lend to a microenterprise under this Act, or (d) the terms of agreements for the lending of moneys to microenterprises including the variation of such terms.

Full text
English
Website
revisedacts.lawreform.ie

References - Legislation

Implemented by

Microenterprise Loan Fund Scheme 2012 (No. 343 of 2012).

Legislation | Ireland | 2012

Keyword: Agricultural development, Credit

Source: FAO, FAOLEX