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Agricultural Credits Act (Cap. 224).

País/Territorio
Zambia
Tipo de documento
Legislación
Fecha
1995 (2006)
Fuente
FAO, FAOLEX
Fuente original
Laws of Zambia Revised Edition 2006, Chapter 224.
Título completo
An Act to facilitate the borrowing of money on the security of charges created upon farming stock, additional assets or other agricultural assets; to provide for the registration of such charges; and to provide for matters incidental to or connected with the foregoing.
Materia
Agricultura y desarrollo rural, Tierra y suelos
Palabra clave
Desarrollo agrícola Crédito Registro Solución de controversias
Área geográphica
Africa, Africa Oriental, Naciones en desarrollo sin litoral, Países menos desarrollados
Resumen

This Act makes provision with rights relating to credit for agriculture. A charge, lien or assignment may be created on farming stocks and additional assets in accordance with section 3. “Farming stock” and “additional asset” is defined in section 2. An agricultural charge may be fixed or floating, or both and may be in form and made upon such conditions as the parties to the charge may agree. A farmer, may, individually or in association, create in favour of any person a charge on any farming stock, additional asset or other agricultural asset security for: (a) inputs or other items required for cultivation; (b) sums advanced or to be advanced to the farmer; or (c) sums paid or to be paid on the farmer's behalf under any guarantee; and such security may also cover interest, commission and charges thereon. Section 4 defines effects of a fixed charge. A fixed charge shall confer on the holder the rights specified in that section. Section 5 defines a floating charge and its effects. Agricultural charges may be registered with the Registrar of Agricultural Charges under section 8. Sections 11 and 12 deal with validity of contracts for the advancement to a farmer of inputs or other items required for cultivation. Sections 13 and 14 provide for arbitration under the Arbitration Act.

Texto completo
Inglés

Referencias - Legislación

Implementado por

Agricultural Credits (Registration) Regulations (Cap. 224).

Legislación | Zambia | 1996 (2006)

Palabra clave: Desarrollo agrícola, Crédito, Registro, Solución de controversias

Fuente: FAO, FAOLEX

Agricultural Credits (Appointment of Authorised Agency) Order, 2014 (S.I. No. 59 of 2014).

Legislación | Zambia | 2014

Palabra clave: Desarrollo agrícola, Crédito, Institución

Fuente: FAO, FAOLEX

Revocado por

Agricultural Credits Act, 2010 (No. 35 of 2010).

Legislación | Zambia | 2010

Palabra clave: Desarrollo agrícola, Crédito, Registro, Solución de controversias

Fuente: FAO, FAOLEX