These Regulations are made under the Agriculture (Loans and Guarantees) (Jersey) Law 1974, which grants power to the States to provide for lending of money for prescribed agricultural purposes. The Regulations establish a Fund and constitute a Board for purposes of these Regulations and empowers the Minister to make loans to a bona fide inhabitant of Jersey who engages wholly or mainly in agriculture in Jersey. The purposes for which a loan may be granted include: the purchase agricultural land,