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Warehouse Receipts Act, 2017 (Act No. 3 of 2018).

Country/Territory
Malawi
Document type
Legislation
Date
2018
Source
FAO, FAOLEX
Long title
An Act to provide for warehouse receipts and warehousing; the negotiation and transfer of warehouse receipts and for matters connected thereto.
Subject
Agricultural & rural development, Food & nutrition
Keyword
Agricultural commodities Royalties/fees Authorization/permit Certification Processing/handling Transport/storage Liability/compensation Packaging/labelling Traceability/product tracing Food quality control/food safety
Geographical area
Africa, Eastern Africa, Landlocked Developing Nations, Least Developed Countries
Abstract

The Act establishes that any warehouse operator or person authorized to act as such issuance of may issue a warehouse receipt. A warehouse receipt may be issued in any format but some minimal information must be provided, these include: a statement of the location of the warehouse; the date of issue of the receipt; the unique identification code; a statement whether the goods received will be delivered; the rate of storage and handling charges; a description of the goods or the packages containing them; etc. Part III concerns duties and obligations of warehouse operator. Under the Act "goods” means all things that are treated as movable or personal property for the purposes of a contract for storage or transportation.

Full text
English
Website
malawilii.org