The possibility of suspension of debt collection is subject to a number of conditions. Namely, the farmer must have the status of a micro and small producer, not be in the process of bankruptcy through liquidation, not be on the prohibitive list for subsidies, have an official document on losses of at least 40% of the crop in 2004 and 2025, have outstanding debts before the date of entry into force of the relevant law, and manage farmland with a total area of no more than 1.8 thousand hectares. It is not very clear how the last paragraph fits with the first one.
The above procedure will temporarily not be applied not only to the mentioned categories of farmers, but also to their guarantors.
No fines, penalties, etc. will be imposed on farmers’ debts for the period of the moratorium. In their turn, farmers enjoying the preferences of this law will be obliged to support agricultural activities. This is the purpose of the legislative act.
