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Notice On The Aid Scheme For Young Farmers

Original Language Title: Bekendtgørelse om støtteordning for yngre jordbrugere

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Table of Contents

Chapter 1 Långrants

Chapter 2 Application

Chapter 3 State Guaranteing State Guaranteing

Chapter 4 Condition of the State for loans granted

Chapter 5 The measuring base for loans

Chapter 6 Self-debtor bond for the loan

Chapter 7 The mortgage security and the leading priorities of the loan ;

Chapter 8 Locks types and so on

Chapter 9 Conversion

Chapter 10 Inheritance, transfer, and decline of the loan

Chapter 11 State Guaranteed State Guaranteed

Chapter 12 Recreation of risk premiums

Chapter 13 Management and control

Chapter 14 Especially expert.

Chapter 15 Appeal access

Chapter 16 Penalty provisions

Chapter 17 Entry into force

Appendix 1

Appendix 2

Appendix 3

Appendix 4

Announcement of support system for younger grounding users

In accordance with Article 4 (4), 5, section 4a, paragraph. 5, section 5, paragraph 5. 6, section 7, section 7a, section 8 (4). 1, 3 and 4, section 10 (4). 5, section 10a (3). 8 and 10, section 13 (3). 4-8, section 16, section 18, paragraph 18. 1 and 2, section 19 (4). One and two, section 20. 1, section 22, section 26, paragraph. 2, and section 27 (3). 1, in the Act of the State Guarantees for loans to younger land users, etc., cf. Law Order no. 856 of 25. On August 2008, as well as agreement with the Finance Minister, the following shall be determined

Chapter 1

Långrants

§ 1. The real credit institutions listed in Annex 1 shall provide for the State, in accordance with the law, loans to younger earners.

Chapter 2

Application

§ 2. The application for the public guarantee of loans for younger earning users shall be drawn up in a special application form, with the assistance of a special expert approved by the Food Business, cf. -$30. The application shall be subject to the test of the special expert.

Paragraph 2. The application for a State guarantee for loans under section 3 shall be submitted before the applicant is 40 years and received in the Office of the Economic Agency within 10 months of the acquisition of the ground farm. The date of acquisition shall mean the date of take-over in accordance with the Addenomation document.

Paragraph 3. The application for a State guarantee for loans in accordance with section 4 shall be submitted before the applicant is 40 years and within two years of the payment of the loan granted after Section 3.

Paragraph 4. The application for a State guarantee for loans under section 5 shall be submitted before the applicant is 40 years and received within 12 months of the acquisition of the asset in accordance with the acquisition of the asset. Section 5 (5). 2, on the basis of which supplementary loans are requested and no later than seven years after the payment of the first loan, cf. § § 3 and 4. The date of acquisition shall mean the date of take-over in accordance with the Addenomation document.

Paragraph 5. The application for a permit after section 15 to enter the operating community shall be submitted to the Economic and Financial Management Board at the same time as the application for paragraph 1. 2 or 3, or prior to the entry into the operational community.

Paragraph 6. Application for a permit in section 23 (1). 1 to take over loans shall be received in the Office of the Economic Agency within three months of the fact that the property has been taken over to the end of the shift, by inheritance or by the provisions of the inheritance of the replace.

Paragraph 7. Application for a permit in section 23 (1). 2 to take over loans shall be received in the Office of the Economic Agency within three months of the fact that the company referred to in that paragraph has taken over the farm farm.

Paragraph 8. The application for a State guarantee for loans after Section 10, cf. Section 6, in law order no. 728 of 29. June 2004 shall be submitted in accordance with the provisions of this Regulation. 90 of 13. February 2004 on the support system for younger land users.

Chapter 3

State Guaranteing State Guaranteing

State guarantee for loans at first-off-service loans

§ 3. The granting of loans granted to a land use shall be granted on a holding in accordance with the first time of the grounding. Article 5 of the law, provided that the conditions laid down in Chapter 4 are met. For first-time recovery, the grounding user does not previously have driven any part of an agricultural holding.

Paragraph 2. The granting of the loans granted to a landlady ' s first-time recovery shall be granted in accordance with the case of a land-user loan. paragraph ONE, TWO. pkt., on a side of at least 20%. by a holding in accordance with Chapter 4 and the conditions laid down in paragraph 1. 3 mentioned condition has been met. The provision in section 14 shall be used with the necessary adjustment.

Paragraph 3. The requirement for economic survival, cf. § 12, must be fulfilled by both the applicant and all the analogues together.

Paragraph 4. The State Guarantee is 20%. of the part of the measuring base, which exceeds 500 000 kroner. However, the State guarantee for the loan may be measured by 24.500,000 kr.

Paragraph 5. In the maturity of the Earth-user loan, borrowing shall pay a risk premiums to the treasury of 0,70%. Due to the balance of the loan.

Granting of the state guarantee for supplementary loans

§ 4. Låntors who acquired the first-time establishment of the establishment, cf. Act 5, after the 8. December 2003, has not filed a loan for the loan prior to 8. In October 2004, and received a loan after Section 3, apply for the state guarantee for a supplementary loan, cf. Act 4 a.

Paragraph 2. A mortgage less than $200,000. is not provided.

Paragraph 3. The applicant is not obliged to apply for a maximum of loans.

Paragraph 4. The Låntor pays a risk premiums to the treasury of 0,70%. because of the remaining balance of the loan for the duration of the loan.

Guaranteing State Guaranteance for supplementary loans

§ 5. The State guarantee shall be granted for one or more additional loans, cf. the section 10 of the law until the maximum amount is obtained, cf. Section 9 of the law.

Paragraph 2. The State guarantee for loans referred to in paragraph 1. 1 shall be granted only in the case of the acquisition of the borrowers ;

1) alteration soil,

2) other property to mergers with the mortgness of the mortgage,

3) other property for the intake of the mortroaws,

4) Party of other property for the intake of the mortroaw property,

5) further part of the mortte property, or

6) another agricultural holding after the transfer of the mortgages and the transfer of the previously granted loans, cf. § 24.

Paragraph 3. The Låntor pays a risk premiums to the treasury of 0,70%. because of the remaining balance of the loan for the duration of the loan.

Chapter 4

Condition of the State for loans granted

Requirements for the holding

§ 6. The farm farm must have a labor need of at least 833 hours per hour. fiscal year, in accordance with the standard Hourly rates, cf. Annex 2.

Paragraph 2. The requirement for labor requirements must be fulfilled throughout the entire maturity of the loan.

Paragraph 3. Therefore, in exceptional circumstances, the requirement laid down in paragraph 1 may be made. Two, however, at most for a period of two years. In this respect, a claim may be made of financial institution guarantee for the release of the loan if the need not met before the end of the labour requirement has not been completed under 1. Act. deadline for notification.

Financial living feat

§ 7. The applicant shall demonstrate that the farm farm possesses the necessary production apparatus and that it will be able to be maintained in the long term as a holding economically sustainable holding. The requirement shall also apply to the agricultural holding which the applicant may possess a party of.

Requirements for the Earthuser

Reenlist an agricultural holding

§ 8. Apples must be an owner of a land holding farm or a party thereof of at least 20%.

Paragraph 2. An agricultural holding means a holding used for agriculture, the gardenneri, nursery nursery, fruits, beaker or tissue-litigation, which shall comprise at least one property subject to agricultural obligations under the rules of the agricultural law.

Paragraph 3. For holdings which are mainly used for plant-grade, frugcl, beaker or tissue-thusgartneri, an exception may be made from the requirement laid down in paragraph 1. 2 on agricultural obligations.

Training requirements

§ 9. Appendier shall comply with one of the training requirements laid down in Annex 3.

Paragraph 2. The training requirement in accordance with paragraph 1. 1 shall be deemed to be fulfilled if the applicant has undergone a similar training in one of the other Member States of the European Economic Cooperation Area.

Paragraph 3. An exception may be made from the provision in paragraph 1. That is why 1, in exceptional circumstances, including the applicant has been prevented from completing the training.

Paragraph 4. If the applicant is established on a holding prior to the completion of the training and special circumstances, exceptions may be made from the provision in paragraph 1. 1, however, not more than a period of two years from the submission of the application for the State guarantee for loans. In this respect, the loan may be paid against the institution of the financial institution for the release of the loan if the training requirement has not been met before the end of the 1. Act. deadline for notification.

Capital Funds

§ 10. The applicant ' s own funds shall in the application for a State guarantee for loans after section 3, and section 5, cf. section 3, must be at least 4%. of the measuring base, cf. However, section 11.

Paragraph 2. The property capital shall be documented in the net assets of applications at a time limit which may not exceed 12 months prior to the time of the application.

Paragraph 3. A current status must be prepared if the time of execution has since the time of execution, cf. paragraph 2, significant changes have been made in the net assets of applications, and these significant changes do not result from the costs of the purchase of the agricultural holding, etc., investments or customary arrangements for the operation of the ground farm.

Paragraph 4. The status must include the assets and indebteability of all the applicant countries. Income and similar and the indestanding on pension schemes may not be included in this status.

Paragraph 5. The value of the land service end-end shall be calculated on the basis of the assessment provided for by the borrowing of the borrowing, operating equipment and crew, which shall include operational ventara, operational material and crew. The value of operational and operational material not covered by the evaluation shall be made either on the basis of the purchase invoice and in accordance with a reduction in operational depreciation or on the basis of a special assessment carried out by the loan-giving way ; Realms of credit. The value of the crew not covered by the assessment shall be made either according to the rules of taxation or on the basis of a special assessment carried out by the borrowing mortgage credit institution. The value of pottery plants in the areas of culture and container plants are calculated on the basis of a specific assessment carried out by the borrowing mortgage credit institution. Other land use assets, including sales holdings, are valued according to the rules of the tax code.

Paragraph 6. The Danish Agency shall approve the assessments carried out in accordance with paragraph 5.

Paragraph 7. Financial assets shall be made up according to the rules of the tax law.

Paragraph 8. The value of assets beyond the provisions of paragraph 1. 5 and 7, as mentioned, shall be determined as the value of trade and appraisal, made up by an indeterminate and expert appraisal that can be approved by the Board of Economic and Monetary Affairs.

Niner. 9. Debt to deduce from the calculation of own funds shall be made in accordance with the rules of the tax legislation.

Paragraph 10. The consenting or the selfsame capital of the spouse shall be made net worth as net assets, cf. paragraph 2-5 and paragraph 1. 7-9, can be included in the uptake of the own funds of the applicant.

§ 11. For applicants meeting one of the training requirements in Annex 4, the own funds shall be required to own the own funds, cf. ~ 10 (1)) 1, must be at least 2%. on the basis of measurement.

Paragraph 2. The training requirement in accordance with paragraph 1. The applicant shall also be satisfied if the applicant has undergone similar training in one of the other Member States of the European Economic Area.

Paragraph 3. The training requirement in accordance with paragraph 1. Paragraph 1 shall also be considered in the cases where the holding is considered to be used for agriculture, in the case where the applicant met the conditions for the training of over-building as agrarian or agricultural technician, in accordance with the provisions of section 10 (4). 2, in Notice no. Twelve of 11. January 1991 on the state guarantee and interest subsidy, and so on, on loan to younger land users.

Paragraph 4. The training requirement in accordance with paragraph 1. 1 shall also be considered in the cases where the holding is predominated to the ferkneri, nursery, fruity, beaker or tissue-thusgarti for fulfilled if the applicant met the conditions for the training of over-building as a gardener ; in the case of tis-thus, vegetable or plant-school line, in accordance with the provisions of section 10 (4). 2, in Notice no. Twelve of 11. January 1991 on the state guarantee and interest subsidy, and so on, on loan to younger land users.

Survival viability

§ 12. Appearing shall at budgets demonstrate economic survival skills.

Paragraph 2. The requirement for economic survival skills shall be deemed to be fulfilled if, on the basis of the application, any operating accounts and multi-annual operational and liquidity budgets, it shall be demonstrated ;

1) that the applicant can deceive and reindelite his debt,

2) that the applicant and his or his or his or his or his or his or his or her live can achieve positive consolidation

3) that the applicant can provide it with the necessary liquidity needed.

Paragraph 3. Positions of positive consolidation shall be made on the basis of the applicant ' s and his / her, if any, the entire economy, including other revenue, private consumption and taxes. Account shall be done according to normal accounting principles, including the valuation of crew and stock, depreciation, and calculated tax.

Employment of employment on the holding

§ 13. Appeper shall use at least 833 hours per hour. Fiscal-farm financial year, set up according to normal hours, cf. Annex 2.

Paragraph 2. The requirement for employment, cf. paragraph 1 shall be fulfilled during the entire maturity of the loan.

Paragraph 3. Therefore, in exceptional circumstances, the requirement laid down in paragraph 1 may be made. 2, cf. Section 6 (2). 3.

Drift at your own expense and risk

§ 14. Appearer shall itself operate the farm of the land at its own expense and risk, cf. however, paragraph 1 Two, and section 15.

Paragraph 2. The requirement to operate the soil use holding at its own expense and risk shall be deemed to be fulfilled, whether the operation of a part of the agricultural holding is taken into an equity or anpartliability or similar if the requirements for employment and labour need be applied ; are fulfilled on the remaining part of the farm of the soil. The same applies to the suspension of land and farm rental of farm buildings.

Paragraph 3. The requirement to operate the agricultural holding at its own expense and risk shall be deemed to be fulfilled, regardless of whether the operation of a part of or the entire agricultural holding for which the applicant is owner or medejer is considered to be in a stakeholder ' s stakeholder ' s applicant ' s applicant ' s requirements ; to employment and labour needs in the stakeholder and on the remaining part of its holding, cf. also section 15 about operational communities.

Paragraph 4. In the assessment of the own account and risk in accordance with paragraph 1, 2 may be placed under conditions, including the granting of borrowers on the request of the Financial Management Board to submit operating accounts relating to the stock or liability company or to the stakeholder for review no later than six months after the financial year, the conclusion and the fact that the borrower must provide information on the changes to which the interested party contract or the participant group is changed.

Operating communities

§ 15. In the case of an application, authorization may be given to the land holding holding which the applicant or the borrower is owner or medejer of, in whole or in part, is part of an operation community between agricultural holdings. The Operational Community must be organized as a personal responsible stakeholder consisting of natural persons, and its sole purpose must be agricultural or horticultural activities. Authorisation may be granted if :

1) the owner ' s owner of the stakeholder account shall be at least 20 pct;, and the dispositioning of the applicant or borrower is at least equivalent to that ;

2) the requirement for economic survival, cf. § 12, fulfilled by both the applicant and all of the combined contestants of the operational community together, and

3) still at least a labor need per unit. during the period of normally applying or borrowing, the agricultural holding shall be used in accordance with the provisions of section 6 (3). 1, fixed labor requirements, calculated on the basis of the production which is carried out on the farm of the applicant or borrowing.

Paragraph 2. On the authorisation of paragraph 1, 1 may be placed under conditions, including the granting of borrowers on the request of the Financial Management Board to submit to the stakeholder accounts for review within six months of the end of the financial year after the closing of the accounts and that the borrower must provide information to the Member of the Community ; the case of the stakeholder contract or the participant circle is changed. Furthermore, the conditions under which borrowers should be given should be subject to the notification of the owner or the enacting conditions of the latter in paragraph 1. 3 the company shall be amended.

Paragraph 3. By way of derogation from paragraph 1 However, whether or not the stakeholder shall consist solely of natural persons, may, however, when special circumstances apply, after submission of applications, the applicant or lender shall be authorized to enter an operation community that is, organised as a stakeholder, where a single participant is a company that has acquired the participating grounding holding in accordance with the rules of section 20 in the area of the agricultural service. The permit may be made subject to the fact that the soil in the company meets the training requirement in section 9 and that the total ownership share of the natural persons of the stakeholder accounts for more than 50%. and of the fact that their arrangements are at least equivalent to that of the stakeholder.

Paragraph 4. Where authorisation is obtained in accordance with paragraph 1. 1, the working time of the applicant or borrower in the operating community shall be taken into account in the fulfillbe of the section 13 (3). 1, laid down employment requirements.

Chapter 5

The measuring base for loans

§ 16. The measuring base for the loan after paragraph 3 is the trade price established as shown in the Addenomment document, converted to cash at the cost of the RealCredit Conversion Tables, cf. Section 22 (2). 4, in the Executive Order of the Ministry of Economic and Economic Affairs, 262 of 12. April 2005 on the valuation and loan of credit institutions of real credit institutions.

Paragraph 2. In the case of loans after Section 3, the cash trade price shall be corrected for the value of changes in the agricultural assets of the soil operator by applying prior to the time of the application. The value of these changes is attested by the special expert on a separate declaration from the purchase and sales invoices, cf.. however, paragraph 1 5.

Paragraph 3. The value of the crew can be calculated as the value according to the purchase invoice with an addendum of the difference between assessment of the crew and the purchase invoice, if the assessment and purchase invoice include the same species and number of animals.

Paragraph 4. The measurement base for the loan may not exceed it by means of an assessment of the land use holding at the time of the application, cash commercial value in accordance with the application of the claim. paragraph 6.

Paragraph 5. Property cash value in accordance with the title of the property. paragraph The fourth is assumed from an assessment to loan intelligence by the loan-giving mortgage credit institution. The assessment must have been less than 12 months prior to the time of the application and must reflect the current state of the property.

Paragraph 6. Property cash value in accordance with the title of the property. paragraph 4 and 5 shall be approved by the Economic and Financial Authority.

Paragraph 7. If the borrowing mortgage is sold by the property, or for other reasons, the cash trade value must be assumed on the basis of an assessment to loan intelligence by a rating man approved by the Economic and Financial Services Agency. This assessment will be considered by the application for a grant of the granting of loans to younger ear-users in accordance with the granting of the borrowing mortgage credit institution, cf. however, paragraph 1 6.

Paragraph 8. The cost of assessment shall be borne by the applicant.

Niner. 9. In the event of establishment in the field of growth, the value of the holdings of plants in the soil holding can be attributed to the cash trading value of the grounding farm by the use of the use of the farm payment. The same shall apply to plant-grading plants in plant species. The value of pottery plants in the areas of culture and container plants are calculated on the basis of a specific assessment carried out by the borrowing mortgage credit institution.

Paragraph 10. In the case of establishment of an agricultural holding, the cash trade value of the part of the part of the part shall be placed on the basis of the proportional proportions of the part of the part and the total amount of cash to be used in the land use of the land use.

Paragraph 11. In the case of an agricultural holding, the measuring base for the loan may cover the entire farm farm, if the applicant owns at least half of the farm farm, and the remainder is owned by the spouse or concoder of the applicant or the spouse, and the spouse ; or the consents meeting the conditions for granting the State guarantee for loans, with the exception of the training requirements referred to in Section 9.

Nock. 12. The measurement base for the loan shall be reduced by the value of professional assets to which the applicant receives or accepts support for investments in accordance with other legislation.

Paragraph 13. The measuring base for supplementary loans, cf. Article 5 shall be the commercial price determined by it in section 5 (5). 2, mentioned active conversion to cash at the cost of trade, cf. paragraph 1. The cash trade price shall be reduced by the value of the net reduction of the amount in section 5 (5). 2, mentioned active until the time of application. The measurement base for the loan may not exceed it by means of an assessment of the transferable asset to loan intelligence of the loan-giving mortgage credit institution at the time of the application, cash-trade value.

§ 17. Notwithstanding the provisions of section 16 (3). 2 and section 25 (4). 3, may accessories that apply to a operational community, cf. section 15, shall be included in the measurement basis for the loan after paragraph 3, if the accessories can be included in the valuation of the property of the applicant in accordance with the rules laid down in section 11 (1). 4, in the area of mortgages and mortgage bonds, etc.

§ 18. The measuring base of applications for loans on the basis of section 4 on the basis of the acquisition of the first-off-party establishment after the 1. In January 2006, the amount of the payment entitlements laid down in the document or in another document issued for the acquisition of the first-time establishment ' s holding shall be the sum of the payment entitlements established in the document. In the measuring base, only payment entitlements may relate to the acquiring ' s first-off-control holding. The Board of Economic and Monetary Affairs must approve it in 1. Act. fixed amounts.

Paragraph 2. The loan is measured by 90%. the results of the measurement which shall be based on the basis of paragraph 1. 1, cf. however, paragraph 1 3 and 4.

Paragraph 3. However, the loan can be measured only by 70%. on the basis of the measurement basis provided for in paragraph 1. 1 if the valuation of the land use by the borrower of the soil holding, cf. Article 8 (2) of the law. 1 and 2 are larger than the cash trade price, cf. Article 8 (2) of the law. 1.

Paragraph 4. However, the loan may, together with the ordinary in accordance with section 3, be measured at a maximum amount equal to 30%. for the valuation of the agricultural holding by the borrower institution, cf. Article 8 (2) of the law. 1 and 2.For the purpose of this calculation, the valuation of valuation may not be more than 25,000,000 DKK

Chapter 6

Self-debtor bond for the loan

§ 19. If the net assets of a spouse or collects shall be counted in the calculation of the own funds of the applicant, cf. ~ 10 (1)) 10, shall the spouse or the concourse by drawing on the mortgage letter draw the self-debtor guarantee for the loan, or a part thereof, cf. however, paragraph 1 4.

Paragraph 2. Measure the loan after paragraph 16 (s). 11, the spouse or the equivalent by drawing on the mortgage letter shall draw the self-debtor guarantee for a part of the loan corresponding to the spouse or the partner ' s owner of the holding, in accordance with the same amount of the holding. however, paragraph 1 4.

Paragraph 3. The Danish Agency may require the self-indebted guarantee of co-owners of co-owners of operations communities that are not borrowers of the loan if the production community production is a prerequisite for the probable repayment of the loan.

Paragraph 4. One by paragraph. 1-3 required the self-indebtor guarantee may be replaced by a guarantee institution for the same amount.

Paragraph 5. One by paragraph. 1 or 2 of the self-debtor guarantee may be released by the Finance Board in the period of maturity whose special circumstances justify it, including in the event of divorce and equal.

Chapter 7

The mortgage security and the leading priorities of the loan ;

20. The loans must be secured by the upfront pandering of the properties of the earns following the existing panthelisliabilities in such a way as to ensure that the loans, excluding any additional loans, may be excluded, cf. Section 4, in relation to the remaining debt on these pantheliabilities, pantheon security shall be guaranteed within the 95% rate. of the property cash value, cf. Section 9 (4) of the law. For that reason, the Danish Agency may, for example, be able to speak in the case of operational communities and similar circumstances. permit the granting of loans on the basis of State guarantee after sections 3 and section 5, cf. Section 3 is guaranteed to be safe out of 95%. of the property cash value. It will be a condition that the loan will be positioning within the 95% rate. of the cash commercial value of the property and accessories which are part of the concoction.

Paragraph 2. The loans granted on the basis of an agricultural holding consisting of only one property shall be pante-secured throughout the property. If the applicant is responsible for the agricultural holding of more than one property, the loan shall normally be pante-proof in all parts of the land-holding holding in their entirety and within 95%. the total cash value of the property, cf. Section 9 (4) of the law. 3.

Paragraph 3. The supplementary loan granted in accordance with section 4 shall be paid to the payment of the payment of the pan-payment of pantheas within 100%. of the cash trade value of the property.

Paragraph 4. For the purpose of calculating the pan security of the loan, the nominal value of the preceding pawn shall be converted into cash value by using the RealCable Conversion Tables, cf. Section 22 (2). 4, in the Executive Order of the Ministry of Economic and Economic Affairs, 262 of 12. April 2005 on the valuation and loan of credit institutions of real credit institutions. Reward and indembary letters and similar leagrns and similar. can be respected only within a commencing estimated to be deemed necessary to ensure existing debt obligations or a reasonable need for operating credit. The loan-up-smoking panting in relation to leading ownership letters, non-release letters and the like must be guaranteed. It is a condition for the granting of loans and the restitution of loans that the terms of the leading pantheaxes shall be authorised, in particular with regard to interest-rate, degrade and termination conditions.

Paragraph 5. Loans to finance investments in the property and its operation can be allowed things of priority before loans by the law. After restitution, loans must be given in accordance with the law in the field of 95% of the law. of the cash trade value of the property, cf. Act 11. Therefore, when special circumstances speak, the Danish Agency for Operational Management and the like, permit the granting of loans under the law, in excess of 95% of the law, to grant a loan security. of the cash trade value of the property. It will be a condition that the loan will be positioning within the 95% rate. of the cash commercial value of the property and accessories which are part of the concoction.

Paragraph 6. On the transfer of loans to new property, cf. in section 24, the loan shall be panthe-secured in the transferable property as set out in paragraph 1. 1 and may respect the necessary borrowing to finance the acquisition of the property, taking into account, in the past, the sale of the previous owned holding.

Chapter 8

Locks types and so on

§ 21. The loan shall be granted as a 20-year nominal, and shall be paid according to the principle of annuality. The loan cannot be recorded on index conditions and for a standing loan. The loan may be included in Danish kroner or the euro.

Paragraph 2. The loans provided for in sections 3 and section 4 may be paid as a total loan. This loan shall have pan-security pantheon within 100%. of the cash trade value of the property, cf. Article 8 (2) of the law. 1.

Chapter 9

Conversion

§ 22. The loan may be converted to a new loan for each time being converted to a new loan, with a continued state guarantee The conversion loan shall be granted according to the rules laid down in Chapter 8.

Paragraph 2. The conversion loan request shall be submitted to one of the mortgage institutions covered by the agreement on the granting of a younger loan user loan, cf. Annex 1.

Paragraph 3. The new loan may constitute an amount equal to the cash value of the residual debt on the amount of the loans being made at the time of the conversion of the conversion. The costs associated with the conversion cannot be included in the target of the new loan.

Paragraph 4. The duration of the remainder of the new loan may exceed the remaining maturity of the loan being converted with one term.

Paragraph 5. The new loan shall be given the same terms and conditions as the credit that is being converted.

Chapter 10

Inheritance, transfer, and decline of the loan

-23. Acquisitions of the living spouse of borrowers on the mortgages of inheritance at the detention of the inchangeable estate, inheritance or the transferee of borrowers of borrowers on the inheritance of the inheritance of the estate, can the spouse or the consents reach permission to take over the loan if the person concerned meets the condition in § 12.

Paragraph 2. An undertaking by the borrower of limited liability company or party to which the loan has been paid at the earliest of seven years after the loan has been disbursed, acquiring and taken over a growth of weight in or in a plant school in which the loan is contained, may obtain authorization to take over the loan, if available ; the original borrower :

1) paints the self-indebted bond for the loan,

2) the majority of votes in the company as the owner of shares or parties, and

3) as responsible manager, the manager of the company itself shall be responsible for the operation of the property.

Paragraph 3. Owner the original borrower less than 100%. of the share capital of the shares referred to in paragraph 1 and the second paragraph of the Annex. In the case of company, the loan shall be reduced by a proportional extraordinarily extraordinarily depreciated period. The same shall apply where the proportion of the borrower in the share capital of the stock or the capital chapter is reduced later in the maturity of the loan.

§ 24. A debt loan amount may be authorised to a new property on the existing conditions, the borrowing of which is acquired by the second agricultural holding or its own party.

Paragraph 2. The amount of the amount due to be transferred may not exceed the amount of the loan granted to the establishment of the new property.

§ 25. The loan is due to the inlet into the ownership change, cf. however, sections 23 and 24.

Paragraph 2. The loan shall be proportionate if the borrower is disposed of by a party of the mortgness of the mortgage.

Paragraph 3. The loan may be proportionately reduced if the property cash value is sold by the sale of a part of the property, and thereby reduced cash value to a reduced amount of cash, it would form the basis for a small loan than the balance of the debt that was given ; Loans.

Paragraph 4. The loan may be required if the conditions of labor need, employment, operate at their own expense and risk, as well as for participation in an operation community are no longer fulfilled.

Paragraph 5. The loan may be requested if it is taken over by a company, and the conditions for which it is no longer fulfilled.

Paragraph 6. The loan may be required to be released if the risk premium, cf. Section 4 (4) of the law. 3, and Article 4a (3) of the law. Three, not paid in good time.

Paragraph 7. The loan may be required if the borrower has delivered incorrect or misleading information or information of significance for decisions taken pursuant to the provisions of the law relating to the support system for the younger of the Jordans ; the establishment or this notice.

Paragraph 8. The loan may be required if the conditions are lodged in the provision of the public guarantee to the loan or in the context of the loan payment.

Niner. 9. The LInes shall notify the Board of Economic and Financial Control if any conditions that result in the loan fall in full or in part, cf. paragraph 1-3, or may be required to be required, cf. paragraph 4, 5 and 8.

Paragraph 10. The loan holder is borrowing the terms of the mortgage loan, or if the loan is in full or in part, the borrowing mortgage credit institution shall be subject to the notification to the Board of Economic and Monetary Affairs.

Chapter 11

State Guaranteed State Guaranteed

SECTION 26. The loan is guaranteed by state security for the duration of the entire duration. The State Guaranteed will cover loss of loans if the borrower is in breach of the obligation to reopen the loan. The losses must be documented by the loan-giving mortgage credit institution and shall be approved by the Economic and Financial Authority.

Paragraph 2. In the event of non-compliance as referred to in paragraph 1. 1 may suspend the State guarantee in whole or in part, including if the borrowing mortgage credit institution has not fulfilled the obligation to provide information under Article 25 (3). 10, unless the significance of this may be considered to be less significant.

Chapter 12

Recreation of risk premiums

§ 27. The borrowing mortgage credit institution shall be charged with the levying of the termination system in the section 4 (4) of the law. 3 and Article 4 (a) (a), The risk premiums referred to in 3.

Chapter 13

Management and control

§ 28. The Danish Agency for Economic and Monetary Affairs shall decide on the granting of a grant of the State for loans and shall, by the way, take all decisions following this notice, cf. however, paragraph 1 2.

Paragraph 2. The Food Business Decision shall decide on section 30.

§ 29. The Board of Economic and Financial Control shall carry out checks in connection with the proceedings and ex post checks.

Paragraph 2. Appearing shall keep operating accounts during the entire term of the loan.

Paragraph 3. The request shall be required to submit a review of the operating accounts to the Financial Management Board within six months of the closing of the financial year.

Paragraph 4. For the purposes of paragraph 1. Paragraph 1 may seek to obtain information from the Office of the Financial Authority with regard to taxation and to the tax authorities and other public authorities.

Paragraph 5. The Danish Agency shall exercise the provisions of Article 20 (1) of the law. 2 and 3, cf. Chapter 3 of the law.

Chapter 14

Especially expert.

-$30. In accordance with the request of the Committee, the Food Service may, by application, approve persons to whom they are particularly qualified to assist applicants to submit and submit an application for section 3 to 5.

Paragraph 2. It is a condition for being approved as a special expert that the person in question is :

1) financial consultant employed in one of the organisations of the earth ;

2) a state certified auditor or registered auditor, or

3) has an education corresponding to the requirements applicable to those in paragraph 1. One or two, mentioned persons.

Paragraph 3. In addition, it is a condition that the person in question has broad experience and is working on the advice of ear-users in the following areas :

1) drawing up of the accounts and budgets ;

2) investments,

3) financing, and

4) the production economy.

Paragraph 4. It is also a condition that the client base on the person's basis is of such magnitate and nature that the function, as a special case of experts, can be used in practice.

Paragraph 5. A withdrawal of approval may take place where the conditions laid down in paragraph 1 are carried out. 3 or 4 is no longer being fulfilled or if the special expert :

1) Not for one year has served as a special expert,

2) emitting or compacts to place false or misleading information in the context of its function as a special expert,

3) indicate something that the person concerned is not aware of, or

4) the repeated negligence in the performance of its function, as a special expert, shall be negligent or more frequently.

Paragraph 6. People approved following the Improvements Scheme have been approved as a special expert, cf. paragraph 1.

Chapter 15

Appeal access

§ 31. Decisions taken by the Economic and Financial Authority after this notice may be brought to the Ministry of Food, Agriculture and Fisheries within 4 weeks of the date of application of the applicant, borrower or his representative.

Paragraph 2. The complaint shall be submitted to the Board of Economic and Monetary Affairs.

§ 32. Decisions taken by the Food Business, cf. § 30, may be brought to the Ministry of Food, Agriculture and Fisheries.

Paragraph 2. The complaint shall be submitted to the Food Business Authority.

Chapter 16

Penalty provisions

§ 33. With less punishing the other legislation, the penalty shall be penalised by the penalty which :

1) in the case of decisions taken under the law or under the rules laid down in accordance with the law, inaccurate or misleading information or information which is relevant to the decision shall be made,

2) acts in breach of conditions laid down in such a decision,

3) in addition, to provide information which the person concerned has a duty to grant under the law or to this notice,

4) provide inaccurate or misleading information on such matters ;

5) fail to grant the inspection authority access to the farm farm according to Article 20 (1) of the law. 2, or

6) refrain from extraditing or submitting material, or to provide the inspection authority as provided for in Article 20 (1) of the law. 3.

Paragraph 2. In addition, the penalty shall be penalised by the person who breached the rules laid down by the European Community on matters covered by the law or by this notice.

Paragraph 3. Companies can be imposed on companies, etc. (legal persons) punishable by the rules of the penal code 5. Chapter.

Paragraph 4. If a violation does not cause higher penalties than fines, the Food Authority may indicate that the case can be determined without prosecuting. It is a condition that, in accordance with the request of the request, the one who has committed the infringement shall state that, in accordance with the request, the payment shall be made to pay an indication of the penalty. If the fine is timely, or will it be adopted after the place of the place or the time of the vote, then further persecution is suspended.

Chapter 17

Entry into force

§ 34. The announcement shall enter into force on 1. September 2008.

Paragraph 2. At the same time, notice No 1200 by 9. December 2005 on aid scheme for younger land users. However, the notification shall continue to apply to applications submitted by the said publication.

The Ministry of Food, Agriculture and Fisheries, the 25th. August 2008 Eva Kjer Hansen / Søren Sørensen

Appendix 1

Appointment

Under section 7 and section 7a, on the state guarantee for loans to younger land users, etc., cf. Law Order no. 1015 by 9. In October 2006, as amended by Section 18 of Act 18, 316 of 31. March 2007, the Ministry of Food, Agriculture and Fisheries has the 28th. November 2007 agreement with DLR Credit A/S, Nycredit A/S, Nordea Realcreditactic, and RealCredit Danmark A/S with the following content :

§ 1. The general credit institution undertakes to grant loans under the law against State guarantees according to the rules of the law and the notice. The general credit institution shall undertake to provide the loan as at least one of the loan types which are possible following the notice.

§ 2. In the case of loans granted in accordance with the law, an administrative contribution shall not exceed a weighted average of the remainder of the mortgage credit institution for other loans to the customer concerned.

§ 3. The loans provided for under the State Guarantees are in accordance with the laws and regulations in force in accordance with the applicable law and order and general pathelism conditions, but may not also be terminated by the creditor.

§ 4. The credit institution may levy charges similar to that applicable to the other loans granted to the mortgage credit institution.

§ 5. The Agreement Parties shall conclude an administration agreement on loans, feedback, relaxation, collection of risk premiums, etc., the solution and administration of emergency panting, covering losses covered by the Federal Guarantee, and so on. integral part of this Agreement.

§ 6. This deal goes on for now. The Agreement may be terminated by each of the parties on six months ' notice.


Appendix 2

Normtimerates

Korncrops, etc., hours / ha

---------- Space (ha) ----------
1-9
10-24
25-49
50-99
100
Cereal / raps/seed / peas and so on
25
22
20
16
14
Handelsroer / potatoes
62
47
40
35
35
Foderbeer
46
37
37
37
37
Seat-in-Grass / Hover
21
13
10
9
9
Graduous grass
8
6
5
5
5
Brak
3
3
2
2
2

Malkequeue including including rearing, number of hours / annual shoes (excl. growfeed cultivation),

---------- oars ----------
1-29
30-49
50-69
70-99
100
Timer per. oars.
69
52
47
42
37

Slaughtercalve, number of hours / produced slaughter calf (excl. growfeed cultivation),

---------- produced carabatal calves --
1-29
30
Timer per. slaughter calf,
10
7

Ammequeues inat. bachelors, the number of hours / oars (excl. growfeed cultivation),

---------- oars ----------
1-29
30
Timer per. oars.
37
29

Seapigs and piglets, number of hours / yearly

---------- year-end ----------
1-49
50-99
100-149
150-249
250
Timer per. yea
21
16
14
13
12

Slave wine, number of hours / 100 produced slaughtering wines

---------- produced slaodesvin ----------
1-499
500-1499
1500-2499
2500-3999
4000
Timer per. 100 slaughtering wines,
113
77
52
44
37

Bees, number of hours per hour. beehive

------------------- bistade -------------------
1-5
6-25
26-50
51-80
81-400
> 400
Timer per. beehive
25
21
17
13
8
4

Other livestock hush, number of hours / annual animals

Horses, hours per. breeding animals,
37
Mink, hours per. avlstubve
2
Sheep, hours per. moderation
5
Hens laying hens, hours per hour. 100 annual animals
15

Butcher cases, number of hours / 1000 produced (s) produced

---------- produced paragraph ----------
< 1/2 mill.
> = 1/2 million
Timer per. Thousand produced paragraphs
4.6
3.9

Frilandsgartneri
number of hours / ha/year
Strawberries with self-pluck
180
Strawberries with no self-pluck
1200
Summaraer øder
300
Industrial carrots
25
Cabbage and cabbage
300
Brussels sprouts and Brussels sprouts
300
Icebergsalat
300
Porkers
850
Kepalk, sobs.
170
celeriac
350
Growth Tuse
number of hours / m2 / year
Vegetables
1
Cutting flowers
1
Large potted plants
2
Small potted plants
5
Fruit plantation
number of hours / ha/year
Accurum
320
Industry
120
Pyntegreen
number of hours / ha/year
Christmas trees and rock green
100
(Average action per the year of the whole production process from installations to and harvesting ;

Appendix 3

Training requirements

Agriculture :

In the case of predominating agtes used for agriculture, the applicant must have completed :

1) production management training, cf. notice of the Ministry of Education in the field of training in the professional community in which animals, plants and nature are laid down ;

2) corporate leadership training, cf. notice of the Ministry of Education in the field of training in the professional community in which animals, plants and nature are laid down ;

3) agrarial training, cf. notice of the Ministry of Education in the field of training in the professional community in which animals, plants and nature are laid down ;

4) ship management training (green certificate), cf. The Ministry of Education of the Ministry of Education of the Agricultural Exhives,

5) agrarial training, cf. The Ministry of Education of the Ministry of Education on the training of agricultural holdings and of at least 17 months of commercial employment that corresponds to the practice of training for the training of skilled farmer, cf. The Education Department's announcement of the training for skilled farmer,

6) the agronom or soil-use training or understudy training in these studies, as well as having carried out practised in accordance with paragraph 5, 5,

7) Soil-use log training, cf. The notice of the Ministry of Education in the field of vocational training in the field of land use, as well as having completed the practicality referred to in paragraph 1. 5,

8) soil-use training in the direction of agricultural techniques, cf. The Ministry of Education of the Ministry of Education for Soil-Training Training, as well as having completed the internship as set out in paragraph 1. 5,

9) agricultural engineering training, cf. Notice no. 492 of 3. In September 1973 on agricultural training in the agricultural sector, and have carried out practised in paragraph 1. 5, or

10) the training of land training (the Green Paper) as defined by the farmers ' associations and the Danish Family for Family.

Frilandsgartneri, plant school, fruit or beaker :

In the case of predominating agtes used for the landsneri, nursery, orchards, or beaker breeding, the applicant shall have completed :

1) production gardener training, cf. notice of the Ministry of Education in the field of training in the professional community in which animals, plants and nature are laid down ;

2) in the case of a production manager training and have carried out at least 17 months &apos; commercial employment equivalent to the practice of training for the production gardener, cf. The Education Ministry's announcement on the training of production gardener ;

3) the degree of hydro-training or undergraduate training for such training, as well as having carried out practised in accordance with paragraph 5, 2,

4) Soil-use log training, cf. The notice of the Ministry of Education in the field of vocational training in the field of land use, as well as having completed the practicality referred to in paragraph 1. 2,

5) Soil-use training in the orientation of gardenneritekniker, cf. The Ministry of Education of the Ministry of Education for Soil-Training Training, as well as having completed the internship as set out in paragraph 1. 2, or

6) garnereducation ("gardenet green card"), as defined by the Danish ErCorporate Gartners.

Growth-theyusgartneri :

In the case of predominating agtes used for the growth of the growth of the liquid, the applicant shall have completed :

1) the growth of growth for the growth of the training, cf. notice of the Ministry of Education in the field of training in the professional community in which animals, plants and nature are laid down ;

2) in the case of a production manager training and have carried out at least 17 months &apos; commercial employment equivalent to the practice of training for the production gardener, cf. The Education Ministry's announcement on the training of the growth of the liquid logout gardener,

3) the degree of hydro-training or undergraduate training for such training, as well as having carried out practised in accordance with paragraph 5, 2,

4) Soil-use log training, cf. The notice of the Ministry of Education in the field of vocational training in the field of land use, as well as having completed the practicality referred to in paragraph 1. 2,

5) Soil-use training in the orientation of gardenneritekniker, cf. The Ministry of Education of the Ministry of Education for Soil-Training Training, as well as having completed the internship as set out in paragraph 1. 2, or

6) garnereducation ("gardenet green card"), as defined by the Danish ErCorporate Gartners.


Appendix 4

Training requirements for reduced own capital requirements

Agriculture :

Where the holding is considered to be used for agriculture, the applicant must have completed :

1) corporate leadership training, cf. notice of the Ministry of Education in the field of training in the professional community in which animals, plants and nature are in nature ;

2) agrarial training, cf. notice of the Ministry of Education in the field of training in the professional community in which animals, plants and nature are in nature ;

3) Extended Operational Leadership (Green Diplom), cf. The Ministry of Education of the Ministry of Education of the Agricultural Exhives,

4) agrarial training, cf. The Ministry of Education of the Ministry of Education of the Agricultural Exhives,

5) agronom or soil-use vocational training or undergraduate training in these studies,

6) Soil-use log training, cf. notice of the Ministry of Education in the field of vocational training in the field of soil use,

7) soil-use training in the direction of agricultural techniques, cf. Notice Ministry announcement on soil use training, or

8) the "green diplom", as laid down by the Landbounions, Danish Family and Denmark, Denmark's Landing and the Danish Agricultural schools.

Frilandsgartneri, nursery, frugvl, beaker or weak-thusgartneri :

If the holding is considered to be used for the neutral gardenneri, nursery, frugvl, beaker or tissue-thusgartneri that must apply :

1) the degree of hydro-training or undergraduate training in this training ;

2) Soil-use log training, cf. notice of the Ministry of Education in the field of vocational training in the field of soil use, or

3) Soil-use training in the orientation of gardenneritekniker, cf. The Education Ministry announcing the training of soil engineering training.