Resolution CMN No. 4515 — Amends Resolution No. 4,507 of July 28, 2016, Defining Conditions for Refinancing Operations Contracted by Rural Producers Under Art. 1 of Law No. 12,096 of November 24, 2009

The Central Bank of Brazil, pursuant to Article 9 of Law No. 4,595 of December 31, 1964, makes public that the National Monetary Council, in a session held on August 24, 2016, considering the provisions of Article 4, item VI, of Law No. 4,595 of 1964, Articles 4 and 14 of Law No. 4,829 of November 5, 1965, and Article 5 of Law No. 10,186 of February 12, 2001,

RESOLVES:

Article 1. Article 1 of Resolution No. 4,507 of July 28, 2016, shall be effective with the following wording:

“Article 1. ........................................................

I - beneficiaries: natural persons, individual entrepreneurs, individual limited liability companies, and business corporations, provided they are rural producers and the investment is intended for the agricultural and livestock sector, as well as cooperative societies and associations of rural producers for investments intended for the agricultural and livestock sector;

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§ 8. The natural persons and individual entrepreneurs referred to in item I must have residence and domicile in Brazil, and the societies referred to in said item must have headquarters and administration in Brazil.” (NR)

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

Ilan Goldfajn
President of the Central Bank of Brazil