Ordinance
on Forest
(Forest Ordinance, ForO)

(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 ...⁹²

⁶ In­terest of 5 per cent shall be charged on ar­rears of cred­its or re­pay­ment in­stal­ments.