21 Mar 2024 in Senate:
international exchange 51A. (1) A grower or an agent representing the grower may offer coffee for sale, in the prescribed manner, in an international exchange and may for this purpose enter in to a written contract for future sale. (2) A contract under subsection (1) shall include the following information- The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Director, Hansard and AudioServices, Senate.
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21 Mar 2024 in Senate:
(a) the name of the exchange (b) the quality of coffee; (c) the quantity of coffee; (d) the mode of payment; (e) the mode and place of storage; (f) the details of insurance cover; and (g) a dispute resolution clause. (3) The contract under subsection (1) shall be submitted to the Board within fourteen days of the signing of the contract. (4) The Cabinet Secretary shall prescribe regulations on sale of coffee at the international exchange.
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21 Mar 2024 in Senate:
Mr. Temporary Chairperson, Sir, I beg to move-
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21 Mar 2024 in Senate:
THAT, the Bill be amended by inserting the following new clause immediately after Clause 51A- The Board may, for the purpose of trading in the international coffee market and auction- (a) issue a coffee trading licence to a grower or a buyer; and (b) in collaboration with the Cabinet Secretary for trade, issue trade insurance to a cooperative society to indemnify it from any risk on any coffee exported in an international market or auction.
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21 Mar 2024 in Senate:
Mr. Temporary Chairperson, Sir, I beg to move- THAT
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21 Mar 2024 in Senate:
Mr. Temporary Chairperson, Sir, I beg to move- THAT, the Second schedule of the Bill be amended- (i)at item no. 3 by deleting the words “warehouseman’s” appearing in the first column and substituting therefor the words “warehouse operator’s; and (ii)by substituting item no. 7 with the following new item-
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