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Special Agricultural Assets Act (LwSVG).

Country/Territory
Germany
Territorial subdivision
Mecklenburg-Vorpommern
Document type
Legislation
Date
1993 (2022)
Source
FAO, FAOLEX
Long title
Act on the Special Fund for the Promotion of the Re-establishment of Farms, Cooperatives and Group Farms and for the Promotion of Environmentally Compatible Agriculture.
Subject
Agricultural & rural development
Keyword
Agricultural commodities Agricultural development Agricultural land Liability/compensation Cooperative/producer organization Ecofriendly products/ecofriendly processes Family farming Farming Financial agricultural measures Financing Monitoring
Geographical area
Alps, Europe, Europe and Central Asia, European Union Countries, North Sea, North-East Atlantic, Western Europe
Abstract

This Act provides for grant of financial support and loan for the development of agriculture and farming in the state of Mecklenburg-Vorpommern. The document establishes guidelines for the allocation of low-interest loans to support the initiation and advancement of family-owned farming ventures, the leasing of land for the establishment of livestock production farms, the adoption of eco-friendly agricultural practices, the cultivation of renewable resources, the integration of technological innovations in farming, and the encouragement of investments to counterbalance inherent agricultural challenges. Additionally, the text delineates the framework for administration and financial allocation, the annual financial reporting requirements, and associated obligations. The Act consists of 7 Articles.

Full text
German