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Proclamation to Provide for a Warehouse Receipts System (No. 372/2003).

Country/Territory
Ethiopia
Document type
Legislation
Date
2003
Source
FAO, FAOLEX
Subject
Agricultural & rural development
Keyword
Agricultural development Institution Agricultural commodities Credit Transport/storage Internal trade Contract/agreement Dispute settlement Offences/penalties
Geographical area
Africa, Eastern Africa, Landlocked Developing Nations, Least Developed Countries, Sahel
Abstract

This Proclamation introduces a system of bailing of agricultural goods that enables a farmer whenever supply exceed demand to deliver his or her products to the warehouse upon receipt of document of title to the products and to reclaim his or her products. The bailor shall be entitled to transfer his or her rights over the stored products to any buyer by simple delivery of the receipt. “Agricultural Product” means a product as may, from time to time be determined as an agricultural product by the Ministry or its designate. The Proclamation also provides with respect to warehousing of goods.

Full text
English
Website
chilot.me