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Resolution No. 364 of 2005 establishing the Productive Cooperatives Development Fund.

Country/Territory
Egypt
Document type
Regulation
Date
2005
Source
FAO, FAOLEX
Original source
Official Gazette No. 184, 15 August 2005, 2 pp.
Subject
Agricultural & rural development
Keyword
Agricultural commodities Cooperative/producer organization Institution Special fund
Geographical area
Africa, Mediterranean, Middle East, Near East and North Africa, Northern Africa, Red Sea & Gulf of Aden
Entry into force notes
This Resolution enters into force on the date of its issuance.
Abstract

This Resolution is composed of 4 articles. Article 1 establishes the Productive Cooperatives Development Fund according to Article 70 of the Productive Cooperation Law No. 110 of 1975. Article 2 lists the objectives of the Fund including: (a) to guarantee loans in order for the productive cooperatives to establish productive projects; (b) to guarantee loans to the productive cooperatives which shall lend loans to its members for the creation or enlargement and development of productive projects: (c) to assure the necessary guarantee letters for the productive cooperatives in economic auctions and deals; and, (d) to create and manage marketing activities.

Full text
Arabic