Order No. 1074 on rate interests of cyclical governmental loans to tenant farmers.

Subject

Agricultural & rural development, Land & soil

Keyword

Agricultural land Farming Subsidy/incentive Special fund Smallholders/peasants Agricultural development

Geographical area

Europe, Europe and Central Asia, European Union Countries, North Sea, North-East Atlantic, Northern Europe

Entry into force notes

Entry into force on 7 December 2012.

Abstract

The Order sets guidelines for the regulation of interest rates applied to governmental loans to tenant farmers in accordance to article 26 of Order No. 662 of 14 August 1997 on governmental smallholdings and rents. The regulated interest rates in December 2012 with termination in June 2013 are reduced by half (for interest rates from 3 to 5%) and by 2.5% (for interest rates of 5.5% or more).

Full text

Danish

Website

www.retsinformation.dk

References - Legislation

Implements

Act on land distribution and property trade for agricultural purposes (No. 1051 of 2023).

Legislation | Denmark | 2005 (2023)

Keyword: Basic legislation, Internal trade, Land-use planning, Environmental planning, Subsidy/incentive, Land consolidation, Public land, Subdivision of land, Agricultural land, Policy/planning, National parks, Protected area

Source: FAO, FAOLEX