Decree No. 54 of 1997 of the Ministry of Agriculture on the determination of agricultural land value for mortgage purposes.
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LEX-FAOC011534
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Article 3 and the annexes to this Decree define credit guaratee value and provide detailed rules for determining the commercial value of agricultural land as guarantee for land-based credit. Mortgage credit institutes shall have an internal regulation governing the determination of credit guarantee values for land.
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