Order No. 829 on purchasing cooperatives for smaller farmers. Pays/Territoire Danemark Type du document Règlement Date 2005 Source FAO, FAOLEX Sujet Agriculture et développement rural Mot clé Fonds spécial Développement agricole Terrains agricoles Coopérative/organisation de producteurs Exploitation agricole Aire géographique Europe, Europe et Asie Centrale, Pays de l'Union Européenne, Mer du Nord, Atlantique du Nord-Est, Europe du Nord Entry into force notes Entry into force on 10 September 2005. Résumé The Order’s purpose is to establish a fund available for cooperative purchase available to farmers owning max. 100 hectares or which land value is below DKK 2 800 000 (value as of 1 January 2004). The maximum amount granted is DKK 500 000 (for cooperative members). The Danish Agri-Fish Agency may borrow funds from a purchasing cooperative for dissemination of funds to a joint mechanization association. Should the Treasury have claim in the cooperative, the latter may only borrow with the following conditions indicated in the loan document: the bank undertakes liquidation of the association until the Treasury's debt is repaid (1); the bank waives any individual creditor proceedings against the borrower without prior permission from the Danish Agri-Fish Agency (2); and the loan term may not exceed 5 years and shall be terminable by the association with more than 3 months’ notice. In case of borrowing in foreign currency, the loan shall be converted in hedge guarantee (3). Texte intégral Danois Site web www.retsinformation.dk Références - Législation Implemente Act on purchasing cooperatives for small farmers in rural areas (No. 15 of 2017). Législation | Danemark | 1970 (2017) Mot clé: Exploitation agricole, Subvention/incitation, Commerce intérieur, Petits exploitants/paysans, Coopérative/organisation de producteurs, Développement agricole, Concession, Procédures judiciaires/procédures administratives Source: FAO, FAOLEX