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Sugar Industry Special Funds Act (Cap. 69:03).

Country/Territory
Guyana
Document type
Legislation
Date
1947 (1993)
Source
FAO, FAOLEX
Original source
Laws of Guyana.
Long title
An Act to make provision for the establishment in respect of the sugar industry of a Price Stabilisation Fund, a Rehabilitation Fund and a Labour Welfare Fund and for purposes connected therewith.
Subject
Cultivated plants
Keyword
Institution Crops/grasses Sugar cane/sugar beet Special fund Agricultural development
Geographical area
Amazonia, Americas, Latin America and the Caribbean, North Atlantic, Small Island Developing States, South America
Abstract

This Act requires a Sugar Industry Price Stabilisation Fund, a Sugar Industry Price Rehabilitation Fund and a Sugar Industry Labour Welfare Fund to be established by the Secretary of Treasury who shall act as trustee of those funds. Levies shall be collected on the export of sugar for the benefit of the funds. The Sugar Industry Price Stabilisation Fund and the Sugar Industry Price Rehabilitation Fund shall be managed by a Committee as defined in section 8. The Sugar Industry Labour Welfare Fund by a committee that shall be a body corporate. The Committees may make Regulations concerning the basis and disbursements of the funds under their control (sect. 9).

Full text
English
Website
legalaffairs.gov.gy