Ecolex Logo
The gateway to
environmental law
Search results » Legislation

Order No. 118/2018 establishing the operation regime 3.1.2 «Young farmers investment on the agricultural holding», included in action 3.1 «Young farmers» of measure 3, «Valorisation of agricultural production» of the Mainland's Rural Development Programme (PDR 2020).

Country/Territory
Portugal
Document type
Regulation
Date
2018
Source
FAO, FAOLEX
Original source
Diário da República, I Série, No. 83, 30 April 2018.
Subject
Agricultural & rural development, Food & nutrition
Keyword
Agricultural development Subsidy/incentive Youth Smallholders/peasants Financial agricultural measures Sustainable development Food security Food quality control/food safety
Geographical area
Europe, Europe and Central Asia, European Union Countries, North Atlantic, North-East Atlantic, Southern Europe
Entry into force notes
This Order enters into force on the day after its publication.
Abstract

This Order establishes the operation regime 3.1.2 «Young farmers investment on the agricultural holding», included in action 3.1 «Young farmers» of measure 3, «Valorisation of agricultural production» of the Mainland's Rural Development Programme (PDR 2020). Planned support pursues the following objectives: a) fostering the renewal and rejuvenation of agricultural enterprises and the agro-industrial production structure, enhancing creation, innovation, food quality and safety, production of goods and internationalization of the sector; b) strengthening the viability and competitiveness of agricultural holdings by promoting innovation, sustainable management, organizational capacity-building and the resizing of enterprises; c) preserving the environment, ensuring compatibility of investments with environmental standards and health and safety at work. Those who may benefit from mentioned supports are: a) Young farmers; b) Legal persons representing a limited company with the agricultural activity in the corporate purpose, provided that the managing partners are young farmers and hold a majority of the capital stock and individually a share of more than 25% in the share capital.

Full text
Portuguese
Website
dre.pt

References - Legislation

Implements

Decree-Law No. 137/2014 establishing the Governance Model of the European structural Funds and investment (FEEI) for the period 2014 -2020.

Legislation | Portugal | 2014

Keyword: Special fund, Agricultural development, Subsidy/incentive, Governance

Source: FAO, FAOLEX