Order No. 31/2015 establishing the implementing regime to apply the action No. 3.1 for "young farmers" under the PDR 2020. Country/Territory Portugal Document type Regulation Date 2015 Source FAO, FAOLEX Subject Agricultural & rural development Keyword Agricultural development Subsidy/incentive Rural employment Youth Business/industry/corporations Financial agricultural measures 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, consisting of three Chapters and two Annexes, establishes the implementing regime to apply the action No. 3.1 for "young farmers" integrated in the Measure 3 "Valorisation of agricultural production" of Area No. 2 "Competitivity and organization of production" of the Rural Development Programme for the Continent, abbreviated by PDR 2020. It aims at the following: promoting the renewal and rejuvenation of agricultural enterprises; promoting the agricultural sector to young investors and investments, supporting land acquisition, transferring of knowledge and market participation. In addition, it specifies the beneficiaries entitled to benefit from this supporting programme as follows: young farmers (18-40 y.o.); legal persons in form of a limited company with agricultural activity in the corporate purpose, led by young farmers partners who manage and hold the majority of the social capital and individually own more than 25% of this capital. Full text Portuguese Website www.dre.pt References - Legislation Implements Decree-Law No. 159/2014 regulating the European structural Funds and investment (FEEI) for the period 2014-2020. Legislation | Portugal | 2014 Keyword: Special fund, Agricultural development, Subsidy/incentive Source: FAO, FAOLEX Amended by Order No. 2/2017 amending Order No. 31/2015 on the regime to apply the action No. 3.1 for "Young farmers" under the PDR 2020. Legislation | Portugal | 2017 Keyword: Agricultural development, Subsidy/incentive, Rural employment, Youth, Business/industry/corporations, Financial agricultural measures Source: FAO, FAOLEX