Wine Loans Act 1930

Liability of the province of lower Austria for loans in the wine economy is agriculture and forestry policy in addition to the commercial, trade and industrial policy and the tax and tax policy the third pillar of economic policy in the lower of 20s and 30s years of 20.Jahrhundertes. She played everything in the, by the economic of lack of strong post-war years after the 1st World War in the lower Austrian domestic politics was a crucial role for the regional agriculture and forestry in the 20s and 30s years created a whole series of national laws. In the frame of the lower Austrian legal order it was standards to promote the economic benefits as well as for the control of the nature and landscape conservation. In this context about the mole Protection Act 1920 is the nature conservation Act, 1924, 1927 to call the country cave Protection Act 1924 or the potato cancer Act. This development will now be published in the series of LawLeaks. Liability for viticulture loans by the land of lower Austria on the liability of the province of lower Austria wine loan was regulated based on the wine loans Act 1930.

These loans were used to renew their vineyards with grafted vines located in lower Austria, Austria and had to be absorbed up to the 31.12.1930. At the same time, the Federal Government had taken over the payment of interest for the first five years of the loan. Thus, the wine loan Act was to evaluate country cultural promotion Act. Conditions for the assumption of liability by the land of lower Austria the liability was taken over under certain conditions. So the loan with a credit institution proposed by the Chamber of agriculture had to be recorded.

The repayment was carried out after the 6 year of the loan and had to be carried out within 10 years. The loan had to be ensured in the land register. The liability of the province of lower Austria is stretched on interest and principal, which was not accompanied by ensuring that required. Repay the capital was first to repay by the country Lower collateral was. The loan amount was allowed to comprise not more than 2,300 shillings per vineyard owner. Total earmarked 600,000 shillings from contingent liability by the State of lower Austria. State Government as the State Government’s decision-making body had to decide on the granting of liability in each case.

Comments are closed.