Agricultural Credit Act South Africa 1966

Name of policy Agricultural Credit Act
Jurisdiction Country
Supranational region
Country South Africa
Region Africa

Subnational region or state
City or local
Policy objective Mitigation
Type of policy instrument
  • Regulatory Instruments
    • Other mandatory requirements
    • Policy support
      • Institutional creation
      Sector name
      • Agriculture and forestry
        Policy description "An Act to provide for the establishment of the Agricultural Credit Board and assistance to farmers by the Board. The Board is established under section 2. The Minister may establish Agricultural Credit Committees for one or more magisterial districts or portion of district. The Committees shall advise and assist the Minister or the Board. Assistance shall consist of a loan or selling or letting of immovable property. Immovable property may be acquired for farming purposes or sold by the State if the property is not suitable for farming purposes. An Agricultural Credit Account shall be kept by the Director-General of Agriculture. The last Part of the Act provides for legal proceedings and security in favour of the State. Amended in 1995."
        Policy type
        • Changing activity
        • Non-energy2
        Policy stringency
        Implementation state Implemented
        Date of decision 1966
        Start date of implementation
        End date of implementation
        High impact
        Impact indicator

        Source or references
        Supports policies
        Is supported by policies
        Comments (background and assessment)
        Status Final

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