CMN Resolution No. 4081 — Authorizes Investment Credit Operation under the Pronaf Mais Alimentos Special Credit Line for Family Farmers with Losses Due to Adverse Climatic Events

The Central Bank of Brazil, in accordance with Article 9 of Law No. 4,595 of December 31, 1964, makes public that the National Monetary Council, in an extraordinary session held on May 22, 2012, in accordance with Articles 4, item VI, of Law No. 4,595 of 1964, and Articles 4 and 14 of Law No. 4,829 of November 5, 1965,

R E S O L V E D:

Article 1. It is exceptionally authorized, the granting of rural credit under the Special Investment Credit Line for Food Production (Pronaf Mais Alimentos), as set forth in item 1 of Section 18 of Chapter 10 of the Rural Credit Manual (MCR), for family production units that have suffered income loss, proven by an individual or collective technical report, due to drought, drought, excessive rain, floods or landslides, and their consequences, occurring in municipalities that have declared a state of emergency or state of public calamity due to the aforementioned adverse climatic events, with recognition by the Ministry of National Integration from December 1, 2011, observing the following specific conditions:

I - purposes, based on proposals or projects for:

a) reconstruction and revitalization of family production units;

b) practices of use, management and conservation of soil and water;

c) implementation of irrigation projects;

d) formation and improvement of pastures, and production and conservation of forage intended for animal feed; or

e) other investments recommended in the technical project, whenever technical and economic viability is proven;

II - contracting period: until December 30, 2012; and

III - limit per beneficiary: up to R$10,000.00 (ten thousand reais), regardless of the limits defined for other investment lines under the National Program for Strengthening Family Agriculture (Pronaf) and the debt limit per beneficiary provided for in MCR 10-1-43.

Article 2. This Resolution enters into force on the date of its publication.

Alexandre Antonio Tombini
President of the Central Bank of Brazil