Ley 89 de 1993 | Ley 89 de 1993 — Colombia law | Esheria

Ley 89 de 1993

This law establishes the livestock and dairy promotion levy and creates the National Livestock Fund.

Jurisdiction
Colombia
Instrument
Act or statute
Citation
Ley 89 de 1993
Version
Undated source snapshot
Language
es
Updated
Official source
View official record ↗
accounting agricultural levies agriculture budgeting cobranza commencement contratos administrativos contribution collection dairy dairy sector depósito de recaudos fines fondos ganaderos fund administration fund allocation funding governance grants and fund use investment planning livestock livestock sector oversight para-fiscal contribution public contracting +7 more

Statute overview

About this statute

This law establishes the livestock and dairy promotion levy and creates the National Livestock Fund. The parafiscal contribution for promoting the livestock and dairy sector must follow the conditions set out in this law. Se fija una cuota de fomento ganadero y lechero calculada sobre la leche vendida y sobre el sacrificio de ganado; las cooperativas de leche tienen una exención específica y el Ministerio de Agricultura recibe una facultad reglamentaria en ciertos casos. This article creates the Fondo Nacional del Ganado and requires that contribution proceeds be managed and kept in a special account for the law’s purposes. El Fondo Nacional del Ganado debe usar sus recursos preferentemente para los fines enumerados en el artículo y destinar al menos 10% de sus ingresos al consumo de leche y carne para sectores de bajos ingresos.

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