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Presidential Decree No. 6894 on state support concerning the excess damage to the Agricultural Insurance Pool.

Country/Territory
Türkiye
Document type
Regulation
Date
2023
Source
FAO, FAOLEX
Original source
Official Gazette No. 32125, 7 March 2023.
Subject
Agricultural & rural development
Keyword
Agricultural development Animal health Crops/grasses Liability/compensation Pests/diseases Resource/damage valuation Risk assessment/management Smallholders/peasants Water shortage/drought
Geographical area
Asia, Black Sea, Europe, Europe and Central Asia, Mediterranean, Middle East, Western Asia
Entry into force notes
This Decree enters into force on the day it is published in the Official Gazette and shall be effective from 1 January 2023.
Abstract

This Decree lays down provisions on the provision of state support for excessive amount of damage which is calculated according to loss ratio of risks arising from insurance contracts concluded by the Agricultural Insurance Pool between the period between 1 January 2023 and 31 December 2023, but which cannot be transferred to national and international markets. This support commitment includes but not limited to the excess portion related exclusively to frost risk of crops, animal diseases and drought.

Full text
Turkish
Website
www.resmigazete.gov.tr

References - Legislation

Implements

Law No. 5363 on agricultural insurance.

Legislation | Türkiye | 2005

Keyword: Liability/compensation, Special fund

Source: FAO, FAOLEX