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Resolution No. 7 of 1986 amending Resolution No. 6 of 1985 on the Agrarian Credit Act.

Country/Territory
Bahrain
Document type
Regulation
Date
1986
Source
FAO, FAOLEX
Subject
Agricultural & rural development
Keyword
Financial agricultural measures Subsidy/incentive
Geographical area
Asia, Middle East, Near East and North Africa, Persian Gulf, Small Island Developing States, Western Asia
Entry into force notes
This Resolution enters into force on the date of its publication in the Official Gazette.
Abstract

This Resolution amends articles 8 and 16 of Resolution No. 6 of 1985 on the Agrarian Credit Act as follows: (a) “the loaner borrower shall not pay any administrative fees if the amount does not exceed Bahrain Dinar (BHD) 5,000”; (b) “a new loan is not permitted unless at least 50% of the last loan has been payed off”.

Full text
Arabic
Website
www.legalaffairs.gov.bh

References - Legislation

Amends

Resolution No. 6 of 1985 on the Agrarian Credit Act.

Legislation | Bahrain | 1985

Keyword: Classification/declassification, Credit, Equipment, Financial agricultural measures, Institution, Royalties/fees, Subsidy/incentive

Source: FAO, FAOLEX