Orden de 4 de septiembre de 1998 para la aplicación del Real Decreto 204/1996, de 9 de febrero, sobre mejoras estructurales y modernización de las explotaciones agrarias. | BOE-A-1998-21442 — Spain law | Esheria

Orden de 4 de septiembre de 1998 para la aplicación del Real Decreto 204/1996, de 9 de febrero, sobre mejoras estructurales y modernización de las explotaciones agrarias.

The minimum annual nominal interest rate for subsidized loans is reduced to 1.5%, and some young farmers’ loans may receive the subsidy on the full preferred interest.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Spain
Instrument
Order
Citation
BOE-A-1998-21442
Version
Undated source snapshot
Language
es
Updated
Official source
View official record ↗
agricultural support agriculture calculation commencement early repayment family business succession farm aid eligibility farm holding classification farm income calculation farm modernization financial treatment grant application grants and subsidies guarantees interest rates interest subsidies interest subsidy investment investment aid investment limits livestock loan amortization loan interest market regulation +8 more

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Statute overview

About this statute

For the aid rules in Real Decreto 204/1996, holdings owned by the same person are treated as one holding even if their land is in different places. For Annex 1.10, one UDE equals 1,200 ecus of standard gross margin. Aid for first-time installation of young farmers cannot be granted if they previously received community aid for the same or similar purpose. The contribution of the farm’s own labor, used to justify the amount of investments made, must be proven in the way set by the Autonomous Communities. Article 2 is repealed.