This Decree, consisting of 14 articles, regulates item V of the caput of art. 17 of Law 8,629 of 25 February 1993, providing for the settlement credits within the agrarian reform programme. It is incumbent upon the National Institute of Colonization and Agrarian Reform - INCRA to grant the concession of the settlement credits provided for in this Decree. The concession of the settlement credits will be issued by a federal financial institution contracted by INCRA for this purpose, with no bidding. The settlement credits are exclusively destined to the beneficiaries of the National Programme of Agrarian Reform - PNRA and must be formalized by means of individual contract. Settlement credits will be granted in specific modalities.
Implements: Act No. 8.629 regulating rural land property in compliance with the Agrarian Reform. (2017-07-11)
Repealed by: Decree No. 9.424 regulating art. 17 of Law No. 8.629 providing for the granting of credits for settlement projects to the beneficiaries of the National Agrarian Reform Programme. (2018-06-26)
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Following more than three centuries under Portuguese rule, Brazil gained its independence in 1822, maintaining a monarchical system of government until the abolition of slavery in 1888 and the subsequent proclamation of a republic by the military in 1889. Brazilian coffee exporters politically dominated the country until populist leader Getulio VARGAS rose to power in 1930.
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