https://www.fao.org/faolex/results/details/en/c/LEX-FAOC070787

Resource information

Resource Language

inglés

ISBN / Resource ID

LEX-FAOC070787

License of the resource

Copyright details

© FAO. FAO is committed to making its content freely available and encourages the use, reproduction and dissemination of the text, multimedia and data presented. Except where otherwise indicated, content may be copied, printed and downloaded for private study, research and teaching purposes, and for use in non-commercial products or services, provided that appropriate acknowledgement of FAO as the source and copyright holder is given and that FAO's endorsement of users' views, products or services is not stated or implied in any way.

This Act provides for procedures that may be adopted by an approved lending agency where a person applying to an agency for a loan for an agricultural purpose, or for a purpose declared under be an approved purpose by the Minister, is unable to show title under the Registration of Titles Act or a title at common law which satisfies the agency.The Act also provides for the acceptance and execution of mortgages to secure loan and for the establishment of a facilities for Title Compensation Fund and the payment into the Fund of parts of a loan granted by an agency. “Agricultural purpose’’ includes any purpose for the encouragement or promotion of agricultural, horticultural or pastoral activities, afforestation, apiculture, fish culture or breeding of livestock or poultry.

Legislation