13 Apr 2022 in National Assembly:
(3) Any factory or society that contravenes the provisions of subsection (1) commits an offence and any loans borrowed in contravention of this provision shall be statutorily converted into personal loans of the officials of the offending factory or society.
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13 Apr 2022 in National Assembly:
(4) Nothing in this section shall be interpreted as prohibiting coffee farmers from directly borrowing money from banks or any government established funds against their deliveries of cherry, parchment and clean coffee. The justification is as I had read earlier.
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13 Apr 2022 in National Assembly:
The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor.
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13 Apr 2022 in National Assembly:
Hon. Temporary Deputy Chairman, I beg to move: THAT, the Bill be amended by inserting the following new clause immediately after Clause 58— Coffee Stabilization 58A. (1) There is established a Fund to be known as the Coffee Fund. Stabilization Fund which shall be managed by the Board.
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13 Apr 2022 in National Assembly:
(2) The Fund shall consist of—
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13 Apr 2022 in National Assembly:
(a)monies appropriated by the National Assembly;
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13 Apr 2022 in National Assembly:
(b)monies from any source approved by the Board;
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13 Apr 2022 in National Assembly:
(c)grants and donations made to the Board.
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13 Apr 2022 in National Assembly:
(3) The Board shall apply the monies received into the Fund to—
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13 Apr 2022 in National Assembly:
(a)income and price stabilization; and
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