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Law on agricultural commodity exchange.

Pays/Territoire
Mongolie
Type du document
Législation
Date
2011 (2018)
Source
FAO, FAOLEX
Sujet
Agriculture et développement rural
Mot clé
Produits agricoles Coopérative/organisation de producteurs Exploitation agricole Contrat/accord Subvention/incitation Transport/dépôt Commerce intérieur Développement agricole
Aire géographique
Asie, Asie et Pacifique, Asie Orientale, Nations en développement sans littoral
Entry into force notes
This Law enters into force on 1 June 2012.
Résumé

The scope of this Law shall be to regulate transactions with agricultural commodities and raw materials and to establish legal basis for stock exchange of agricultural commodities and raw materials, purchase, storage, transport and exchange trade thereof. Agricultural commodity exchange shall be intended the place of purchase of agricultural commodities in designated premises or on the electronic marketplace and in the market exchange. Agricultural commodity exchange shall operate on the principles of independence, transparency and openness. The objective of this Law shall be to stimulate involvement of agricultural cooperatives and farmers in agricultural commodity exchange trade. Regulatory board of agricultural commodity exchange shall monitor, supervise and suppress the intention to raise or reduce artificially priced commodities trading. Purchase, sale and trading of agricultural commodities at agricultural commodity exchange shall be regulated by contracts. Participants of agricultural commodity stock exchange shall be classified as permanent and non-permanent members. This Law consists of V Chapters divided into 17 Articles. Chapter I lays down general provisions. Chapter II regards agricultural commodity exchange operations. Chapter III regards agricultural commodity exchange traders. Chapter IV regards financial audit and accounting. Chapter V lays down additional provisions.

Texte intégral
Mongol/Anglais
Site web
www.legalinfo.mn