THE LEVY SUGAR PRICE EQUALISATION FUND ACT, 1976

ACT NO. 31 OF 1976 · Enacted [16th February, 1976.] · 16 sections

Section 1.Short title, extent and commencement.

Section 2.Definitions.

Section 3.Levy Sugar Price Equalisation Fund.

Section 4.Determination of questions as to making of excess realisations.

Section 5.Discharge of persons of liability in respect of amounts credited to the Fund.

Section 6.Right of buyer to claim refund.

Section 7.Excess realisation not to be paid to any producer of sugar.

Section 8.Fund to vest in the Central Government.

Section 9.Power to require producers to maintain accounts, etc.

Section 10.Power of entry, search and seizure.

Section 11.Power of Central Government to recover excess realisations as arrears of land revenue.

Section 12.Dissolution of the Fund.

Section 13.Penalties.

Section 14.Removal of difficulties.

Section 15.Protection of action taken in good faith.

Section 16.Power to make rules.