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Rubber Industry Smallholders Development Authority Act 1972.

Country/Territory
Malaysia
Document type
Legislation
Date
1972 (2016)
Source
FAO, FAOLEX
Long title
An Act to make provision for the establishment and incorporation of the Rubber Industry Smallholders Development Authority and for connected purposes.
Subject
General
Keyword
Institution Business/industry/corporations Enforcement/compliance Financing Governance Inspection Legal proceedings/administrative proceedings Monitoring Policy/planning Procedural matters Processing/handling Public participation Smallholders/peasants Sustainable development
Geographical area
Asia, Asia and the Pacific, East Asian Seas, South-Eastern Asia
Abstract

This Act comprising 57 Articles establishes the Rubber Industry Smallholders Development Authority as a body corporate to (i) promote, develop and regulate the rubber industry in the smallholder sector; (ii) prescribe schemes for the benefit of smallholders and estate owners. The main functions and powers of the Authority are (i) implementing policies and programmes; (ii) planning and co-ordinating activities; (iii) providing technical and financial assistance; (iv) engaging in trading and marketing; (v) establishing corporations and companies; (vi) enforcing regulations. The Act also empowers the Authority to prescribe schemes for the replanting, new planting or planting of other crops by smallholders and estate owners, and the Minister to direct the cessation or recovery of any assistance given under the schemes, if deemed necessary. The Act provides for the appointment of the members of the Authority, the tenure and revocation of office, the establishment of committees, the delegation of functions and powers, and the power of the Minister to give directions to the Authority. Article 13 establishes the Rubber Industry Smallholders Development Authority Fund, which consists of various sources of income and expenditure.

Full text
English
Website
tcclaw.com.my