Food Reserve Act, 1995 | Act 12 of 1995 — Zambia law | Esheria

Food Reserve Act, 1995

The Food Reserve Agency is established as a body corporate and may do the acts a body corporate may lawfully do, subject to the Act.

Jurisdiction
Zambia
Instrument
Act or statute
Citation
Act 12 of 1995
Version
Undated source snapshot
Language
en
Official source
View official record ↗
administration agency agency administration agency funding agricultural commodities annual audit asset transfer board composition committees commodity dealing commodity designation commodity grading commodity handling commodity marketing commodity processing commodity purchase commodity purchasing commodity sales commodity storage commodity trade commodity trading compliance conduct standards conflicts of interest +56 more

Statute overview

About this statute

The Food Reserve Agency is established as a body corporate and may do the acts a body corporate may lawfully do, subject to the Act. The Agency must carry out the functions needed to administer the Act, including managing the national food reserve, operating a market information system, and promoting approved weighing and grading standards. A national food reserve must be administered by the Agency, subject to the Act. The Minister must designate certain agricultural food commodities, including cereals, oilseeds, and stockfeed, by the yearly deadline, and must do so within 30 days for the Act’s first marketing season. The Agency may buy or import designated commodities for the national food reserve, but it must first announce its annual purchase plan and later publish the buying procedure on a yearly timetable.

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