Food Reserve (Amendment) Act, 2005 | Act 20 of 2005 — Zambia law | Esheria

Food Reserve (Amendment) Act, 2005

This section amends the principal Act by repealing Part IV and replacing it with new text.

Jurisdiction
Zambia
Instrument
Act or statute
Citation
Act 20 of 2005
Version
Undated source snapshot
Language
en
Official source
View official record ↗
agency governance agri-business commodity trading compliance records crop marketing equipment management food reserve marketing imprisonment legislative amendment market information market operations markets offences penalty units pricing regulations rural distribution storage facilities

Statute overview

About this statute

This section amends the principal Act by repealing Part IV and replacing it with new text. The Agency must market and trade designated agricultural commodities and carry out related publication, pricing, market-entry, and operating steps in rural areas. The Agency must maintain a market information system, consult stakeholders, and collect and share marketing information for designated agricultural commodities. A registered trader or processor who sells a designated commodity despite a registered charge or lien commits an offence and faces a penalty under the Agricultural Credits Act. Section 13 is amended to replace “ten penalty units” with “fifty thousand penalty units, or to imprisonment for a term not exceeding six months, or to both.” This section amends the principal Act by repealing Part VI and replacing it with a new Part.

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