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The document ceased to be valid since  January 16, 2021 according to article 39 of the Law of the Republic of Moldova of September 11, 2020 No. 183

LAW OF THE REPUBLIC OF MOLDOVA

of July 8, 2004 No. 243-XV

About subsidized insurance of industrial hazards in agricultural industry

(as amended on 15-01-2021)

The Parliament adopts this organic law.

Chapter I General provisions

Article 1. Purpose and subject of this law

(1) the Purpose of this law is ensuring stability of production in the agricultural sector by means of subsidized insurance of industrial hazards in agricultural industry.

(2) the Subject of this law are the relations between insurers and physical persons or legal entities - agricultural and fish producers, arising in case of insurance of industrial hazards in agricultural industry and fish breeding with subsidizing of insurance premiums (insurance premiums) by the state.

Article 2. The legal base of subsidized insurance of industrial hazards in agricultural industry

(1) Subsidized insurance (further - insurance) industrial hazards in agricultural industry is regulated by the Civil code of the Republic of Moldova, the Insurance law, this law and other legal acts.

(2) the Relations arising in case of insurance of industrial hazards in agricultural industry can be regulated also by other regulations adopted according to this law.

(3) Operation of this law extends only to the agricultural properties and insurance risks provided in it.

Article 3. Basic concepts

For the purpose of this law the following basic concepts are used in value:

insurance risk - the risk characteristic of agricultural industry, including adverse effect of weather conditions, diseases/wreckers of plants and animals;

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