Chapter 68:06 - Agricultural Loans

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L.R.O. 1/2012
LAWS OF GUYANA
AGRICULTURAL LOANS ACT
CHAPTER 68:06
Act
14 of 1966A
Current Authorised Pages
Pages
(inclusive)
Authorised
by L.R.O.
1 – 24 ... 1/2012
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Note
on
Subsidiary Legislation
This Chapter contains no subsidiary legislation.


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CHAPTER 68:06
AGRICULTURAL LOANS ACT
ARRANGEMENT OF SECTIONS
SECTION
1. Short title.
2. Interpretation.
3. Approved lenders.
4. Approved crop.
5. Loan Book.
6. Application for loan.
7. Execution and form of loan certificate.
8. Presentation of loan certificate and publication of loan notice.
9. Recording of loan certificate.
10. Creation of liens.
11. Priority of liens.
12. Application of loan.
13. Right of lender to inspect land.
14. Penalty for disposal of crops contrary to contract.
15. Entry by lender if farmer is not keeping up cultivation.
16. Record of repayment of loans.
17. Transfer of certificates of loan.
18. Forms.
19. Fees and exemption from duty.
20. Power of Registrar to make rules.
21. Power to make regulations.
22. Application of other Acts or laws.
FIRST SCHEDULE—Forms.
SECOND SCHEDULE—Terms and conditions in Loan Certificates.
THIRD SCHEDULE—Fees.
__________________________

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CHAPTER 68:06
AGRICULTURAL LOANS ACT
14 of 1966A An Act to facilitate the raising of loans by farmers upon the
security of their land or crop in order to enable them
to finance the improvement of lands and the
cultivation of crops, and for matters incidental
thereto or connected therewith.
[5th MARCH, 1966]
Short title.
Interpretation.
1. This Act may be cited as the Agricultural Loans
Act.
2. (1) In this Act—
“crop” means sugar cane, or any other crop approved by the
Minister pursuant to section 4;
“farmer” means any person who as a proprietor or tenant is
bona fide cultivating or about to cultivate an agricultural
holding with a crop;
“lender” means a person approved by the Minister pursuant
to section 3;
“lien” means a lien created pursuant to this Act;
“loan” means a loan advanced pursuant to this Act;
“Loan Book” means “The Agricultural Loans Book” required
to be kept in the Registry under this Act;
“loan certificate” means the certificate which a farmer is
required to give under this Act as security for a loan;
“loan notice” means the notice of intention to record a loan
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certificate which is required to be given under this Act;

“machinery” means agricultural vehicles, plant, machinery
and agricultural tenants’ fixtures or other agricultural
fixtures which a tenant is by law authorised to remove;
“registered land” means any land registered under the Land
Registry Act;
“Registrar” means the Registrar of Deeds and includes any
sworn clerk in the deeds registry;
“Registry” means the deeds registry;
“rules of good husbandry” means so far as practicable, having
regard to the character and position of the land—
(a) the maintenance of the land, parapets, bed-heads and
foot of beds, and meres thereon clean and free from
bush and other obstacles;
(b) the abstention from throwing grass or other obstacles
into the trenches abutting the land;
(c) such rules as are generally recognised to be necessary
for good husbandry;
“sale contract” means a contract for the sale or processing of a
crop;
“stock” includes cane tops, seeds, seedlings, planting material
and fertilisers.
(2) Where the context so admits reference in this
Act to –
(a) “lender” shall be construed as reference to a lender in
whose favour a lien is created or to a person to
whom a loan certificate has been transferred or
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Approved
lenders.
Approved crop.

Loan Book.

Application for
loan.
who is the manager, attorney, agent,
representative, guardian or legal personal
representative of that lender;
(b) “farmer” shall be construed as reference to a farmer
who has created a lien or to any person who has
joined with a farmer in creating a lien or who is
manager, attorney, agent, representative,
guardian or legal personal representative of that
farmer.
3. (1) The Minister may approve any person as a
lender for the purpose of making advances in accordance
with this Act to a farmer.
(2) The Minister may, from time to time, if he
thinks fit, revoke the approval given to any person to be a
lender, but without prejudice to any loan certificate registered
prior to such revocation.
4. The Minister may approve any crop for the purpose
of this Act.
5. (1) The Registrar shall keep in the Registry an
Agricultural Loans Book in such form as the Minister may
prescribe.
(2) The Registrar shall keep an index to the Loan
Book and shall index each loan certificate under the initial
letter of the name (if any) of the land and also under the initial
letter of the name of the farmer.
(3) The Loan Book shall be open to inspection by
any person desiring to see it on payment of the prescribed fee.
6. (1) Upon a farmer applying to a lender for a loan
the lender may, subject to any regulations made by the
Minister under section 21, make it a condition to the grant of
any loan that the farmer enters into a sale contract in a form
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Execution and
form of loan
certificate.

First Schedule
Form 1.

Second
Schedule.

Presentation of
loan certificate
and publication
of loan notice.
approved by the lender and that the farmer executes a loan
certificate in favour of the lender in accordance with this Act.
(2) An infant (by his guardian or parent) may
execute a loan certificate and may enter into any sale contract
or execute any other document relating to a loan secured by a
loan certificate without obtaining any judicial or other
sanction and such loan certificate, sale contract or other
document shall be binding and enforceable in the same
manner and to the same extent as if the infant were an adult
person.
7. (1) As security for the repayment by a farmer of
any loan together with interest thereon and any costs,
expenses and other sums incurred in the protection of such
security or in relation thereto with interest thereon, the farmer
shall execute in duplicate a loan certificate in Form 1 set out in
the First Schedule. The loan certificate shall also be signed by
the lender.
(2) Subject to any contrary intention therein
appearing there shall be implied in every loan certificate the
covenants on the part of the farmer set out in Part I of the
Second Schedule and the conditions set out in Part II of that
Schedule.
(3) There may be included in the loan certificate
such terms and conditions as the parties think fit.
(4) The terms and conditions of any loan may be
varied by the recording of a memorandum of variation
executed by the parties thereto but no such variation shall
affect the rights of the holder of any mortgage or charge made
prior to such variation unless the holder has consented
thereto in writing on the memorandum.
8. (1) The loan certificate in duplicate shall be
presented by the farmer for recording in the Registry. There
shall be lodged at the same time a loan notice in Form 2 in the
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First Schedule
Form 2.
Recording of
loan certificate.
First Schedule together with such number of copies thereof
and of the loan certificates as the Registrar may require.
(2) The Registrar shall—
(a) endorse on the loan certificate the time
and date of its receipt;
(b) annotate the loan notice on the
document of title, if any, to the land
comprised in the loan certificate, or in
the case of State lands, forward a copy
thereof to the Commissioner of Lands,
or in the case of a registered land, file
a copy thereof in the land registry;
(c) thereupon publish the loan notice in
the Gazette.
9. (1) The Registrar shall on the expiration of fourteen
days after the date of publication of the loan notice—
(a) record the loan certificate by entering
particulars of it in the Loan Book;
(b) register the lien on the document of
title to the land described in the loan
certificate and in the case of State
lands send a copy of the loan
certificate to the Commissioner of
Lands, and in the case of registered
land file a copy of the loan certificate
in the land registry; and
(c) if the farmer is a joint stock company,
file a copy of the loan certificate in the
office of the Registrar of Companies,
and if the farmer is a co-operative
society, send a copy thereof to the
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First Schedule.
Form 3.

Creation of
liens.
Chief Co-operative Officer.
(2) The Registrar shall endorse on one part of the
loan certificate a certificate under his hand in Form 3 in the
First Schedule, and the certificate shall be conclusive evidence
that the requirements of this Act have been fulfilled. The part
so endorsed shall be delivered by the Registrar to the lender.
(3) Publication in the Gazette of a loan notice or in
the case of registered land the filing of a copy in the land
registry shall be deemed to constitute actual notice to all
persons of the lien created by the loan certificate therein
mentioned.
(4) The lien conferred by this Act shall on the
recording of the loan certificate take effect as from the date on
which the loan notice is deemed to constitute actual notice
thereof.
(5) Liens shall in relation to one another have
priority in accordance with the times at which the loan
certificates were received by the Registrar.
10. (1) Subject to any exclusion therein specified a
loan certificate shall, in respect of any loan to a farmer on the
security of that loan certificate together with interest thereon
and any costs, expenses and other sums incurred in the
protection of such security or relating thereto with interest
thereon, confer on the lender named therein a lien over—

(a) the farmer’s interest in the land
described in the loan certificate
together with any building thereon
and any crop at any time growing
thereon and together with any right of
way for the purpose of access to and
egress from such land over any
neighbouring land belonging to the
farmer and over and along any roads,
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tracks, paths, dams and canals which
the farmer is entitled to use (all of
which land, buildings, crops, and
rights are hereinafter referred to
as “the immovable property”);
(b) any stock and machinery belonging to
the farmer or such part thereof as is
mentioned in the loan certificate and
any such crop as aforesaid which has
been severed from the land;

(c) all the farmer’s rights under any sale
contract described in the loan
certificate.
(2) Subject to this Act, a loan certificate shall, as
from the date on which the lien conferred by that loan
certificate takes effect—
(a) have the like effect in relation to the
farmer’s interest in the immovable
property and any other property or
interest therein comprised as if it were
a mortgage passed under the Deeds
Registry Act or in the case of
registered land as if it were a
mortgage created in accordance with
the provisions of the Land Registry
Act;
(b) have the like effect in relation to any
crop severed from the land and any
stock and machinery therein
comprised as if it were a mortgage bill
of sale thereof granted by the farmer
to the lender;
(c) have the like effect in relation to any
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Priority of
liens.

Application of
loan.
[6 of 1997]
sale contract therein specified as if it
were a mortgage thereof in favour of
the lender such mortgage being by
way of an assignment to the lender of
the farmer’s rights under the contract.
11. (1) Except as hereinafter provided, a lien shall,
notwithstanding any other law for the time being in force,
rank in priority to all other debts, liabilities and obligations of
the farmer whether incurred or contracted before or after the
creation of the lien.

(2) A lien shall not be security for principal moneys
at any one time outstanding (exclusive of interest and costs,
expenses and other sums incurred in protection of the
security or relating thereto) in excess of the amount stated in
the loan certificate as the sum not to be exceeded at any one
time, and a lien shall not be deemed to be discharged by
reason only that the principal moneys owing at any one time
on loan or current account under the loan certificate have
been paid in full or that the current account has ceased to be
in debit.
(3) A lien shall not rank in priority to any statutory
claim in respect of the immovable property of the farmer or
any loan due to any creditor which has been made in good
faith before the date on which notice of the lien is deemed to
constitute actual notice and which has been secured by a
mortgage or charge registered before such date in favour of a
person who is entitled as a bona fide creditor to the repayment
thereof.
12. (1) No loan made by a lender to a farmer in
accordance with this Act shall be applied by that farmer
otherwise than towards the cost of planting or reaping a crop
or towards improving land for the purpose of growing any
crop thereon.
(2) It shall not be incumbent on a lender to see to
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Right of lender
to inspect land.
[6 of 1997]


Penalty for
disposal of
crops contrary
to contract.
[6 of 1997]
Entry by
lender if
farmer is not
keeping up
the due application of any moneys advanced to a farmer, and
the misapplication or non-application of such moneys shall
not affect the lender’s security therefor.
(3) Any farmer who applies any loan towards any
purpose which is not authorised by this Act or who fails or
neglects to apply it in accordance with such provisions shall
be liable on summary conviction to a fine of thirty-two
thousand five hundred dollars and to imprisonment for
twelve months.
(4) If any person falsely represents to a lender that
he is a farmer and such lender is not aware of the falsity of the
representation, no loan certificate granted by that person to
such lender and no sale contract mentioned therein shall be
invalidated merely by reason of the fact that that person is not
a farmer.

13. (1) A lender may, from time to time at his
discretion, enter at all reasonable times on any land over
which he has a lien and inspect the same.
(2) Any farmer or other person obstructing in any
way a lender in making the inspection referred to in the
preceding subsection shall be liable on summary conviction to
a fine of six thousand five hundred dollars.
14. If a farmer disposes of any part of a crop referred
to in any sale contract specified in a loan certificate signed by
him, or if he applies any part of the proceeds of sale of any
such crop otherwise than in accordance with that contract, he
shall be liable on summary conviction to a fine of sixteen
thousand two hundred and fifty dollars and to imprisonment
for six months.
15. (l) If a lender has reasonable grounds for believing
that a farmer has ceased or is neglecting to cultivate a crop in
respect of which the lender holds a lien, the lender may, after
obtaining the written consent of the Chief Agricultural Officer
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cultivation.
[6 of 1997]
Record of
repayment of
loans.
First Schedule.
Form 4.

Transfer of
certificates of
loan.
First Schedule.
Form 5.
or such other Agricultural Officer as he may nominate, enter
upon the land on which the crop is growing and take
possession of the land and cultivate and reap the crop and sell
it and apply the proceeds of sale of the crop (after deducting
the cost of upkeep of the land, and of growing, reaping, and
selling the crop) towards the reduction or discharge of the
loan.
(2) Any farmer or other person obstructing in any
way a lender in exercising the powers conferred on him in the
preceding subsection shall be liable on summary conviction to
a fine of sixteen thousand two hundred and fifty dollars and
to imprisonment for six months.
16. (l) Unless a lender has agreed to advance further
moneys to a farmer upon the security of a loan certificate in
the possession of the lender, the lender shall, upon repayment
of the loan deliver the loan certificate to the person making
payment after having endorsed on the loan certificate a
receipt in Form 4 in the First Schedule.
(2) On production to the Registrar of the part
of the loan certificate delivered under subsection (l), the
Registrar shall enter the particulars thereof in the Loan Book
and file particulars thereof with the Commissioner of Lands
and in the deeds registry, land registry and the office of the
Registrar of Companies, as the case may require.
(3) Such entry in the Loan Book shall operate as a
discharge of the lien created by the loan certificate.
17. Every loan certificate shall be transferable, and the
transfer thereof shall be in Form 5 in the First Schedule; and
on production of any transfer the Registrar shall enter the
particulars thereof in the Loan Book and file a copy thereof
with the Commissioner of Lands and in the deeds registry,
land registry and the office of the Registrar of Companies and
send a copy to the Chief Co-operative Officer as the case may
require and shall endorse a note of the transfer on the loan
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Forms.
First Schedule

Fees and
exemption
from duty.
Third Schedule.

Power of
Registrar to
make rules.

Power to make
regulations.
certificate and the date on which it was recorded.
18. (1) The forms in the First Schedule shall be used in
all matters to which such forms relate.
(2) The Minister may from time to time by order
amend or add to the forms in the First Schedule.
19. (1) Subject to any order made under subsection (3)
there shall be paid to the Registrar the fees set out in the Third
Schedule in respect of the matters specified therein.
(2) Notwithstanding any law to the contrary, no
stamp duty shall be payable on any loan certificate.
(3) The Minister may from time to time by order
amend any of the fees set out in the Third Schedule.
20. The Registrar may, subject to the approval of the
Minister, make rules to regulate the keeping of the Loan
Book, the filing of documents or copies thereof in the land
registry and the office of the Registrar of Companies, the
removal or cancellation of entries in the Loan Book and the
rectification thereof.

21. Subject to negative resolution of the National
Assembly, the Minister may, by regulations, prescribe the
general conditions which shall be deemed to be incorporated
in every sale contract and the said conditions may in like
manner be amended, altered or varied:
Provided that no amendment, alteration or variation of
the said conditions shall be of any force or effect to the extent
that it may prejudice any security given by a farmer to any
person or the rights of any person under a sale contract made
prior to and subsisting at the time of such amendment,
alteration or variation unless that person has consented
thereto in writing.

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Application of
other Acts or
laws.
[4 of 1972]
c. 90:12
c. 5:01
c. 89:01
c. 5:02
22. (1) Except as otherwise provided in this Act, no
provision in any Act or regulation, rule, law, practice or
procedure, relating to property other than registered land
shall apply to any property included in a loan certificate so far
as it is inconsistent with this Act.
(2) Without prejudice to the generality of the last
preceding subsection, no loan certificate shall be registrable
under the Bills of Sale Act, and the provisions of the Deeds
Registry Act relating to mortgages and of the Companies Act
relating to the registration of mortgages or charges shall not
apply to a loan certificate.
(3) The filing by the Registrar of copies of
documents in the register of the land registry shall have the
like effect as a registration of the equivalent document under
the Land Registry Act and the filing of a loan notice under
section 8 of this Act shall operate as a stay of registration until
the loan certificate is recorded and a copy thereof is filed in
that registry. The Registrar of Lands shall enter upon the
register the appropriate memorials of any such document
upon payment of the fee prescribed by this Act.
(4) The provisions of any Act or rule of court or
practice relating to the enforcement of any mortgage or
charge shall apply mutatis mutandis to the enforcement of a
lien.
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ss. 7, 8, 9, 16,
17,
s. 7(1)

FIRST SCHEDULE
FORMS
FORM 1

THE AGRICULTURAL LOANS ACT LOAN CERTIFICATE
I/We .......................................................................................
of..............................................................(herein referred to as
“the Farmer(s)”) hereby declare that I/We (or one or more
of us) am/are Farmer(s) within the meaning of the
abovementioned Act of the land described below and I/We
hereby grant t o ............................of...............................................
(herein referred to as “the Lender”) a lien over the land, the
stock and machinery (if any) and sale contract (if any)
described below together with the rights and crops specified in
Section 10 of the abovementioned Act, such lien to be security
for repayment to the Lender of the Principal moneys not
exceeding at any one time the sum of $........................... to be
advanced to me/us from time to time by the Lender (on loan
or current account) on the recording of this certificate by
the Registrar together with interest thereon payable at the
rate and in the manner hereinafter provided and together
also with any costs, expenses or other sums incurred in the
protection of such security or in relation thereto. (Here insert
terms and conditions as to interest and repayment and any
special terms or conditions and any modifications of the
covenants and conditions implied by the Act.)

DESCRIPTION OF LAND AND CROP GROWING OR TO
BE GROWN THEREON DESCRIPTION OF STOCK AND
MACHINERY (IF ANY) DESCRIPTION OF SALE
CONTRACT (IF ANY)
Given under my/our hand(s) this .................. day
of..................20.........

Signed by Farmer(s).......................................
Signed by Lender
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or his agent .......................................................

Received at ..... o’clock in the fore noon this .......day of ...........
after 20.........

Registrar

s. 8
FORM 2
THE AGRICULTURAL LOANS ACT
LOAN NOTICE
Notice is hereby given that the undermentioned
Farmer(s) has (have) lodged a Loan Certificate in respect
of the undermentioned immovable property stock,
machinery and Sale Contract and that I intend to record
the Loan Certificate in respect thereof on the expiration of
fourteen days after the publication of this notice in
accordance with the abovementioned Act.

Dated this........... day of ................................ 2 0 . . ...

Registrar of Deeds
Name(s) and Address(es) of Farmer(s)
Nature of crop and short description of agricultural
holding, stock, machinery and Sale Contract.
Short Description of immovable property and Document of Title
thereto.
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s. 9(2)
FORM 3
THE AGRICULTURAL LOANS ACT
CERTIFICATE OF REGISTRAR
I, ..............................Registrar of Deeds hereby certify that the
Loan Certificate on the front hereof was this day recorded
and that sections 8 and 9 of the Act have been complied with.

Given under my hand this ............ day of ................20 ...
Registrar of Deeds

s. 16(1)
FORM 4
THE AGRICULTURAL LOANS ACT
RECEIPT

I/We hereby acknowledge the receipt from....................................
of the whole amount of the loan and interest secured under
the Loan Certificate recorded on the ............... day of
..................20…………...
Dated this ................... day of ..................... 2 0 … ....
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Signature(s)..................................................
of Lender(s) ..................................................

S. 17
FORM 5
THE AGRICULTURAL LOANS ACT
TRANSFER

I/We............................................................................................
of.................................................................................................
hereby transfer the Loan Certificate executed by………..
.....................................................................................................
of................................................................................................
......................... and recorded on the ..............................day
of…………... 20 ............. under which there is at present owing
to me/us the sum of $ ...............(dollars) in respect of the Loan
(and $ ...............interest thereon) and all my/our right, title and
interest in and to the same to ……………………………….. ..
of…………………………………………………………………….
who hereby accept such transfer.

Dated this ............... day of ............... 2 0 ...

Signature of Transferor(s) .......................................
Signature of Transferee(s).......................................

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S. 7(2) SECOND SCHEDULE

TERMS AND CONDITIONS IN LOAN CERTIFICATES

Terms and conditions to be implied in every Loan
Certificate recorded under this Act save as otherwise
expressly provided in the Loan Certificate.

That the Farmer shall—
(a) cultivate and manage the land described in the Loan
Certificate in accordance with sound husbandry and
keep the same in good condition and free from weeds;
(b) plant and cultivate such land with the crop mentioned in
the Loan Certificate;
(c) subject to the provisions of the Sale Contract mentioned
in the Loan Certificate, cut and harvest the aforesaid
crop from time to time growing on the said land
whenever the same should properly be cut and
harvested;
(d) observe and perform the agreements on the part of the
Farmer to be observed or performed in accordance
with the Sale Contract mentioned in the Loan
Certificate or in accordance with any lease, tenancy
agreement or other instrument affecting the aforesaid
land or any part thereof and for the time being in force;
(e) pay punctually and regularly as the same shall become
due all taxes, rates, special rates, rent outgoings
and assessments which may be due in respect of the
aforesaid land or any part thereof;
(f) not, save with the previous written consent of the
Lender, assign or let or otherwise part with possession
of the aforesaid land or any part thereof;
(g) not, save with the previous written consent of the
Lender, sell or otherwise dispose of any crop harvested
on the aforesaid land otherwise than in accordance
with the Sale Contract mentioned in the Loan
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Certificate;
(h) if default is made in any of the abovementioned matters,
permit the Lender to enter upon the aforesaid land and
do whatever may be requisite to make good the
default in question or (as the case may require) to pay
any taxes, rates, special rates, rents, outgoings and
assessments so due and the Farmer shall from time to
time on demand reimburse the Lender all sums of
money expended or paid by the Lender in making good
the default in question or in making any such payment
as aforesaid and all costs, expenses and other sums
incurred by the Lender in the protection of his security
or in relation thereto together, in the case of every sum
to be reimbursed, with compound interest thereon at the
rate for the time being payable on any capital sum
owing by the Farmer to the Lender calculated with half-
yearly rests from the date when the sum in question
was expended or paid and for this purpose all legal
costs and expenses will be ascertained as between
solicitor and own client and by way of complete
indemnity to the Lender.

PART II

(1) All capital sums owing by the Farmer to the Lender
together with any interest which has accrued thereon
but remains unpaid shall immediately become payable—
(a) if the Farmer shall make default of a period of two
months in the payment of any interest due to the
Lender or shall make default in the repayment of any
capital sum due to the Lender; or
(b) if a distress or execution is levied or sued out against any
property of the Farmer and is not paid out or discharged
within 7 days; or
(c) if the Farmer shall become insolvent or enter into any
composition with his creditors; or
(d) if any lease, tenancy agreement, or other instrument
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mentioned in the Loan Certificate shall be
terminated or forfeited for any reason; or
(e) if any order for the compulsory acquisition of the
aforesaid land or any substantial part thereof shall be
made; or
(f) if the Farmer shall be in breach of any covenant,
stipulation or agreement contained or implied in the
Loan
Certificate and the Lender shall demand payment; or
(g) if the Farmer shall abandon or cease to cultivate with the
crop specified in the Loan Certificate (whether
temporarily or permanently) the land described in the
Loan Certificate; or
(h) if the Farmer shall die.

(2) At any time the Farmer shall be entitled, subject to giving
the Lender not less than 30 days’ notice of his intention to
do so, to repay before the due date or dates for repayment
the whole or any part (being $100 or a multiple thereof) of
the capital sums owing by the Farmer to the Lender.

(3) The Lender shall not, by reason of entry into possession of
the aforesaid land or any part thereof, be liable to account
on the footing of wilful default or for anything except actual
receipts or be liable for any loss upon realisation or for
any default or omission for which a mortgagee might be
liable.
(4) Notwithstanding any lien or mortgage existing over the
crop specified in the Loan Certificate, until such time as
the capital sums hereby secured become immediately
payable the Farmer shall be at liberty to dispose of that
crop or any part thereof in accordance with the Sale
Contract mentioned in the Loan Certificate.

(5) Every notice given by the Lender to the Farmer may be sent
by prepaid post addressed to the Farmer (or, if more than
LAWS OF GUYANA
Agricultural Loans Cap. 68:06 23
L.R.O. 1/2012
one person is included in the expression “the Farmer”,
addressed to the first such person named in the Loan
Certificate) at his last address which is known to the Lender
or may be left in an envelope addressed to the Farmer on
the aforesaid land and every notice so sent or left shall be
deemed to have been given to the Farmer on the third day
after it was posted or left.
_____________________

S. 19

THIRD SCHEDULE
FEES

(1) For receiving, advertising and recording notice of loan
and loan certificate and all proceedings in the Registry
required to be taken by the Registrar in
connection therewith—
(a) where the loan is not to exceed $1,000:— $5.00
(b) where the loan is to exceed $1,000 but is not
to exceed $2,500:— $10.00
© where the loan is to exceed $2,500:— $15.00
(2) For payment in respect of each registration of copies
of documents in the Land Registry and in the office of
the Registrar of Companies. $1.00
(3) For receiving, recording and endorsing transfer of loan
certificate and all proceedings as aforesaid, one-half of
the fees payable under paragraph (1) of this
Schedule calculated on the amount owing on the date of
LAWS OF GUYANA
24 Cap. 68:06 Agricultural Loans
L.R.O. 1/2012
the transfer.
(4) For receiving, recording and endorsing repayment of
loan and all proceedings as aforesaid. $1.00
(5) For inspecting the Loan Book. .50

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