Article 10. Development of lending in the agro-industrial complex and rural areas The Law on State Regulation of the Development of the Agro-industrial Complex and Rural Areas

Home / RLA / Article 10. Development of lending in the agro-industrial complex and rural areas The Law on State Regulation of the Development of the Agro-industrial Complex and Rural Areas

1. State regulation of the development of lending in the field of the agro-industrial complex and rural areas is carried out through budget lending in accordance with the budget legislation of the Republic of Kazakhstan or participation in the formation or increase of the authorized capital of specialized organizations.

2. The development of lending in the field of the agro-industrial complex and rural areas is carried out in the following areas, taking into account the provisions provided for in paragraph 3 of Article 9 of this Law:

1) formation and development of agricultural production infrastructure;

2) leasing of agricultural machinery and technological equipment, equipment and fishing gear for fisheries;

3) organization and crediting of credit partnerships providing loans in the agro-industrial complex;

4) lending to non-agricultural types of business activities in rural areas;

5) purchase, production, processing and sale of agricultural products;

5-1) artificial fish breeding and processing of fish products;

6) organization of micro-crediting of the rural population, as well as payment of subsidies to individuals and legal entities in the cases provided for by this Law, through the production facilities of the National Postal Operator on the basis of a concluded agreement.

The Law of the Republic of Kazakhstan dated July 8, 2005 No. 66.

This Law defines the legal, organizational, economic and social foundations for the implementation of state regulation of the development of the agro-industrial complex and rural areas in the Republic of Kazakhstan.

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Republic of Kazakhstan

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