Member States, acting in accordance with the following provisions, shall abolish in respect of nationals and companies or firms of other Member States pursuing activities as self-employed persons in agriculture or establishing themselves for that purpose (hereinafter called 'beneficiaries') all restrictions on access to the various forms of credit. 1. For the purposes of this Directive, 'access to credit' means the right of beneficiaries to obtain repayable loans, including any loans at subsidised rates of interest, on the same terms as those applicable to nationals of the State in which they are established, in particular as regards the amount, the rate of interest and the duration of the loan, and the security required by the lender.2. For the purposes of this Directive, 'agricultural activities' means:  1OJ No 2, 15.1.1962, p. 36/62. 2OJ No 201, 5.11.1966, p. 3474/66. 3OJ No 17, 28.1.1967, p. 279/67. 4OJ No 62, 20.4.1963, p. 1323/63. 5OJ No 62, 20.4.1963, p. 1326/63.- activities falling within Annex V to the General Programme for the abolition of restrictions on freedom of establishment (ex Major Group 01, Agriculture, of the International Standard Industrial Classification of all Economic Activities) 1, and in particular:    (a) general agriculture including the growing of field crops and viticulture ; growing of fruits, nuts, seeds, vegetables, flowers, both in the open and under glass;(b) raising of livestock, poultry, rabbits, furbearing or other animals, bees ; and the production of meat, milk, wool, skins and fur, eggs, honey;- felling of timber, commercial exploitation of woodlands, and planting and replanting of trees, where such operations are practised as ancillary activities and are compatible with a Member State s internal legislation and in particular with land utilisation plans. 1. Member States shall abolish the following restrictions:    - those which in pursuance of provisions laid down by law, regulation or administrative action deny beneficiaries access to the various forms of credit or make such access subject to special terms;- those existing by reason of administrative practices which result in treatment being applied to beneficiaries as regards access to the various forms of credit that is discriminatory by comparison with that applied to nationals.Member States shall, moreover, subject to the limits imposed by their national laws, be responsible for seeing that, irrespective of the nature of the lender, discrimination against beneficiaries is avoided.2. The restrictions to be abolished shall include in particular those arising out of measures which prevent or limit by the following means access by beneficiaries to the various forms of credit on the same terms as nationals of the Member State in question:in France:    - the rule that loans for initial establishment may be granted only to persons of French nationality (Article 11 of Décret No 65-576 of 15 July 1965);- the rule that loans to young farmers may be granted only to persons of French nationality (Article 666 of the Code rural and Article 2 (2) (a) of Décret No 65-577 of 15 July 1965);- restrictions which might result from instructions issued by the Caisse nationale du crédit agricole with regard to the granting of loans referred to in Article 686 of the Code rural. No Member State shall grant to its nationals, with a view to or on the occasion of their establishment in another Member State, any direct or indirect aid, including in particular any aid in the form of a loan, which would result in distortion of the conditions of establishment in the host country. Member States shall take the measures necessary to comply with this Directive within six months of its notification and shall forthwith inform the Commission thereof. This Directive is addressed to the Member States.
Output: Council Directive concerning freedom of access to the various forms of credit for farmers who are nationals of one Member State and established in another Member State