22 Nov 2018 in National Assembly:
Hon. Temporary Deputy Chair, I beg to move:
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22 Nov 2018 in National Assembly:
THAT, the Bill be amended by deleting clause 25 and substituting thereof with the following new clause—
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22 Nov 2018 in National Assembly:
Inspection of stored products 25.(1) The Chief Executive Officer, appointed Council Inspectors or authorized officers of the Council may inspect any agricultural commodity stored in a licensed warehouse and records relating to warehouse receipts where its considered necessary.
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22 Nov 2018 in National Assembly:
(2) The Council shall appoint and gazette inspectors who shall exercise such powers in accordance with regulations made under this Act. The amendment provides for the Council to appoint and gazette inspectors who inspect agricultural commodities stored in licenced warehouse and records according to warehouse receipts and make regulations related to the same.
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22 Nov 2018 in National Assembly:
Hon. Temporary Deputy Chairman, I beg to move:
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22 Nov 2018 in National Assembly:
THAT, clause 27 of the Bill be amended by inserting the words, “insurance contracts, professional indemnities, warehouse receipts registry” immediately after the words “examine all”. The justification is that the amendment seeks to provide power to the CEO or authorised officers to also examine insurance contracts, professional indemnities, warehouse receipts registry or warehouse licence under the Bill.
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22 Nov 2018 in National Assembly:
Thank you, Hon. Temporary Deputy Chairman.
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22 Nov 2018 in National Assembly:
Hon. Temporary Deputy Chairman, I beg to move:
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22 Nov 2018 in National Assembly:
THAT, Clause 30 of the Bill be amended by inserting the following new sub- clause immediately after sub-clause (1)─
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22 Nov 2018 in National Assembly:
“(1A) The Central Registry shall have the necessary infrastructure to link it with a central depository of a commodities exchange licensed by the Capital Markets Authority.”
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