CMN Resolution No. 5,068 — Adjusts Item 4 of Section 18 (Transitional Rules) of Chapter 10 (Pronaf) of the Rural Credit Manual (MCR)

The current text of the MCR is available at the following website:
www3.bcb.gov.br/mcr.

CMN RESOLUTION NO. 5,068, OF
APRIL 20, 2023

Adjusts Item 4 of Section 18
(Transitional Rules) of Chapter 10 (National Program to Strengthen Family Agriculture - Pronaf) of the Rural Credit Manual (MCR) with wording given by CMN Resolution No. 5,063, of March 30, 2023, which raised the financing limits of the Credit Line for Industrialization for Family Agroindustry (Pronaf Industrialization of Family Agroindustry).

The Central Bank of Brazil, in accordance with Art. 9 of Law No. 4,595, of December 31, 1964, makes public that the National Monetary Council, in a session held on April 20, 2023, considering the provisions of Art. 4, item VI, of Law No. 4,595, of 1964, Arts. 4 and 14 of Law No. 4,829, of November 5, 1965, and § 3 of Art. 3 of Law No. 11,326, of July 24, 2006,

R E S O L V E D:

Art.
1º Section 18 (Transitional Rules) of Chapter 10 (National Program to Strengthen Family Agriculture - Pronaf) of the Rural Credit Manual (MCR) shall be in effect with the following alterations:

“4 - ...................................................................................................................

a) singular cooperative: up to R$30,000,000.00 (thirty million reais), observed the limit of R$90,000.00 (ninety thousand reais) per associate with active DAP or Cadastro Nacional da Agricultura Familiar do Programa Nacional de Fortalecimento da Agricultura Familiar (CAF-Pronaf) document validly related in the DAP or in the Registration of Inscription in the National Registry of Family Agriculture (RICAF) issued for the cooperative, according to the technical project and the study of economic-financial viability of the enterprise;

b) the provisions of this item apply exclusively to singular cooperatives of family agriculture, as provided in § 4 of Art. 3 of Law No. 11,326, of July 24, 2006, which prove that, at least, 75% (seventy-five percent) of their active participants are beneficiaries of Pronaf, through the presentation of a list with the number of active DAP or valid CAF-Pronaf of each coop member, and that, at least, 55% (fifty-five percent) of the production to be benefited, processed or marketed comes from cooperators enrolled in Pronaf, and whose financing project proves these same percentages regarding the number of participants and the production to be benefited, processed or marketed related to the respective project;

................................................................................................................” (NR)

Art. 2º This Resolution takes effect on the date of its publication.

Otávio Ribeiro Damaso
President of the Central Bank of Brazil substitute