Forest Ordinance (ForO)
English is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force.
Art. 60 Requirements
1 Investment credits shall be granted if: a. the investment is necessary and suitable to protect against natural events or for the maintenance and use of the forest; and b. the investment is required due to the applicant's financial circumstances. 2 The applicant must be able to support the total financial burden. 3 The applicant must exhaust his or her own financial resources and claim any contributions available from third parties. 4 Investment credits may not be accumulated with credits granted under the Federal Act of 23 March 1962 on Agricultural Investment Credits and Business Subsidies or the Federal Act of 28 June 1974 on Investment Subsidies for Mountain Regions. 5 The cantons are not entitled to credits for their own investments. 6 ...
Para. 4 — [AS 1962 1273, 1972 2699, 1977 2249 No I 961, 1991 362 No II 52 857 Annex No 27, 1992 288 Annex No 47 2104. AS 1998 3033 Annex let. f] Para. 4 — [AS 1975 392, 1980 1798, 1985 387, 1991 857 Annex No 24, 1992 288 Annex No 43. AS 1997 2995 Art. 25]. See now: the FA of 6 Oct. 2006 on Regional Policy (SR 901.0). Para. 6 — Repealed by No I 21 of the O of 7 Nov. 2007 on the New System of Financial Equalisation and Division of Tasks between the Confederation and the Cantons, with effect from 1
Art. 61 Federal credits
1 The FOEN shall grant the canton global loans to cover the payment of investment credits. The loans shall be interest free and repayable over 20 years. 2 The canton shall notify the FOEN each year of its probable borrowing requirements for the coming year. 3 The available funds are allocated according to demand.
Para. 3 — Amended by No I 21 of the O of 7 Nov. 2007 on the New System of Financial Equalisation and Division of Tasks between the Confederation and the Cantons, in force since 1 Jan. 2008 (AS 2007 5823).
Art. 62 Applications
(Art. 40 para. 3 ForA) 1 Applications for investment credits must be submitted to the canton. 2 The following documents must be enclosed with each application: a. the general operational plan; b. the operating accounts; c. a report on the applicant's financial circumstances. 3 Companies that are commercially contracted to maintain or use the forest must include the balance sheets and profit and loss accounts for the last two years in their application.
Art. 63 Amount of credit and rate of interest
(Art. 40 para. 1 ForA) 1 Investment credits shall be granted: a. as construction credits to cover up to 80 per cent of the construction costs; b. to fund the remaining costs of measures in accordance with the Articles 39, 40 and 43; c. to cover up to 80 per cent the purchase costs of forestry vehicles, machines and devices; d. to cover up to 80 per cent the costs of creating forestry installations. 2 Investment credits are normally interest free. However, if the applicant can support the total financial burden, an appropriate rate of interest shall be charged. 3 No loan shall be granted for less than 10,000 francs.
Para. 1 let. b — Amended by No I 21 of the O of 7 Nov. 2007 on the New System of Financial Equalisation and Division of Tasks between the Confederation and the Cantons, in force since 1 Jan. 2008 (AS 2007 5823).
Art. 64 Term, repayment, recovery
(Art. 40 ForA) 1 Investment credits shall be repayable over a period of not exceeding 20 years. 2 The repayment instalments are determined according to the nature of the measure and the financial circumstances of the borrower. 3 Repayment begins: a. for investments under Article 63 paragraph 1 letters a and b, one year after completion of the project, but no more than five years after payment of the first instalment of the credit; b. for other investments, in the year following that in which the credit is paid. 4 The borrower may repay all or part of the credit without notice at any time. 5 ... 6 Interest of 5 per cent shall be charged on arrears of credits or repayment instalments.
Para. 5 — Repealed by No I 21 of the O of 7 Nov. 2007 on the New System of Financial Equalisation and Division of Tasks between the Confederation and the Cantons, with effect from 1 Jan. 2008 (AS 2007 5823).