This Act aims to provide sound management of agricultural finance institutes, ensure the rights of depositors, and promote the economic development of agriculture and fishery villages. The Act consists of 61 articles divided into 5 Chapters: General provisions (I); Agricultural Bank of Taiwan (II); Credit departments of agriculture and fishery associations (III); Legal liabilities (IV); Supplementary provisions (V). The Act, in order to achieve these aims, empowers competent authorities to: appoint officials to take necessary measures in performing special duties such as protection of agricultural resources, disaster salvage, and preventing blight, pest and diseases of aquatic creatures; to formulate general plans for agricultural land utilization and exploitation; formulate national agricultural production and distribution policies and plans; promulgate standard specifications of agricultural materials of the seed and seedling of plants, breeding animals, fertilizers, pesticides and veterinary drugs; etc. The agricultural finance institutes mentioned in this Act refers to credit departments of agriculture associations, credit departments of fishery associations and the Agricultural Bank of Taiwan. The Agricultural Bank of Taiwan shall be the regulatory organization of the credit departments. Credit departments shall be responsible for providing financing and consumption loans for agriculture, forestry, fishery and livestock industries. The Agricultural Bank of Taiwan shall be responsible for guiding credit departments in developing services that provide financing in agriculture, forestry, fishery and livestock industries, and stabilizing agricultural finance.
中国台湾省 · 2003-07-23