Rule · BCB · 20 Jul 2023 · Resolução CMN 5093
The Resolution binds financial institutions contracting credit under Pronamp, Pronaf, and Proagro. It prohibits investment credit for acquiring tractors and implements eligible for Moderfrota. It mandates that Pronaf financing for tractors and tillers up to 80 HP requires inclusion in the BNDES CFI list, unless vessel engines are financed. It updates MCR Table 4 for Proagro rates. The Resolution enters into force on the date of its publication.
RESOLUTION NO.
The current text of the MCR can be found at the following electronic address: www3.bcb.gov.br/mcr.
CMN RESOLUTION
NO. 5,093, OF JULY 20, 2023
Adjusts rules to be applied to operations contracted within the scope of the National Program for Support to Medium-Sized Rural Producers (Pronamp), the National Program for Strengthening Family Agriculture (Pronaf), and to operations classified under the Program for Guarantee of Agricultural Activity (Proagro).
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 July 20 of 2023, in accordance with item VI of art. 4 of Law No. 4,595, of 1964, arts. 4 and 14 of Law No. 4,829, of November 5, 1965, § 2 of art. 48 of Law No. 8,171, of January 17, 1991, and § 3 of art. 3 of Law No. 11,326, of July 24, 2006,
R E S O L
V E D:
Art. 1 Section 1 (Pronamp) of Chapter 8 (National Program for Support to Medium-Sized Rural Producers – Pronamp) of the Rural Credit Manual (MCR) shall enter into force with the following alteration:
“5
Art. 2 Section 1 (General Provisions) of Chapter 10 (National Program for Strengthening Family Agriculture – Pronaf) of the MCR shall enter into force with the following alteration:
“37 - ………………………………………………………………………………………………………….
a) ……………………………………………………………………………………………………………...
I - that are included in the BNDES Informatizado Manufacturer Accreditation List (CFI) and meet the parameters regarding minimum nationalization indices defined in the BNDES regulations applicable to the Fund for Financing the Acquisition of Industrial Machines and Equipment (Finame), observed that tractors and tillers must have up to 80 HP (eighty horsepower) of power and that, in financing of engines for vessels, the requirement to be included in the BNDES CFI list is waived;
...............................................................................................................”
(NR)
Art.
3 The Table 4 of Section 10 (Basic rates of the additional for classification of enterprise in Proagro and Proagro Mais) of Chapter 12 (Program for Guarantee of Agricultural Activity– Proagro) of the MCR shall enter into force with the following alteration in the wording of the product of the second line:
“Product cultivated in an agroecological-based production system or in transition to an agroecological-based system, according to standardization established by the Ministry of Agrarian Development and Family Agriculture (MDA), or in organic production systems, according to standardization established by the Ministry of Agriculture and Livestock (MAPA)” (NR)
Art. 4 This Resolution enters into force on the date of its publication.
Diogo
Abry Guillen
President of the substitute Central Bank of Brazil
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“and § 3 of art. 3 of Law No. 11,326, of July 24, 2006”
“§ 2 of art. 48 of Law No. 8,171, of January 17, 1991”
“arts. 4 and 14 of Law No. 4,829, of November 5, 1965”
“The Central Bank of Brazil, in accordance with art. 9 of Law No. 4,595, of December 31, 1964”
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