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Warehouse Receipts Act, 2005 (Act No. 10 of 2005).

Country/Territory
United Republic of Tanzania
Document type
Legislation
Date
2006
Source
FAO, FAOLEX
Original source
Official Gazette No. 3, 5 August 1994, Acts Supplement, pp. 223-227.
Long title
An Act to provide for the establishment of a regulatory framework for warehouse receipts, to provide for licensing procedures of warehouses provide for other related matters.
Subject
Agricultural & rural development
Keyword
Agricultural development Institution Agricultural commodities Credit Transport/storage Internal trade Contract/agreement Offences/penalties
Geographical area
Africa, Eastern Africa, Least Developed Countries
Abstract

This Act establishes the Tanzania Warehouse Licensing Board as a body corporate and provides rules relative to warehousing of goods in Tanzania and a system of warehouse receipts for trading and credit purposes and negotiation and transfer of warehouse receipts. It also sets out rights and obligations of warehouse operators. The Act shall apply to Mainland Tanzania in respect of all agricultural commodities and to such other goods as the Minister may declare by Order published in the Gazette.

Full text
English