Regulations, 2014

L.N. 472 of 2014

SUPPLIES AND SERVICES ACT

(CAP. 117)

Marketing of Agricultural Produce (Amendment)

Regulations, 2014

IN exercise of the powers conferred by article 3 of the Supplies

and Services Act, the Minister for the Economy, Investment and

Small Business, in consultation with the Minister for Sustainable

Development, the Environment and Climate Change, has made the

following regulations:-

The title of these regulations is the Marketing of Citation.

Agricultural Produce (Amendment) Regulations, 2014, and these

shall be read and construed as one with the Marketing of Agricultural S.L. 117.04

Produce Regulations, hereinafter referred to as "the principal

regulations".

Regulation 5 of the principal regulations shall be amended Amends

regulation 5 of

as follows

the principal

regulations.

(a)

sub-regulations (3) and (4) thereof shall be

renumbered as sub-regulations (4) and (5) respectively; and

(b)

immediately after sub-regulation (2) thereof, there

shall be added the following new sub-regulation

"(3) (a) Every pitkal who applies for the renewal

of a licence after the 31st day of December of 2014 shall

provide a bank guarantee, equivalent to 10% of his

previous year’s turnover from the sales of agricultural

produce.

(b) Applicants for the granting of a new

licence shall provide a bank guarantee, equivalent to 10%

of the previous year’s average total annual turnover from

sales of agricultural produce by all pitkali.

(c) The value of the guarantee shall be

reviewed by the Director on a yearly basis; and the said

guarantee shall be utilised by the Director in the event that

the defaulting pitkal does not pay his dues.".

Paragraph (g) of regulation 8 of the principal regulations

shall be deleted.

Regulation 14 of the principal regulations shall be

amended as follows

(a)

paragraph (e) thereof shall be renumbered as

paragraph (f); and

(b)

immediately after paragraph (d) thereof, there shall

be added the following new paragraph

"(e) direct pitkali to collect the dues owed by

buyers for agricultural produce purchased;".

Regulation 15 of the principal regulations shall be

substituted by the following

"15. Where the amount of bad debts due by a pitkal to

the Director is greater than the amount of commission due to the

pitkal, the Director may notify the pitkal to pay such debts

within a period fixed by the said Director, such period being not

less than fifteen days, and if the pitkal does not effect the said

payment, the Director shall demand payment of such debts

together with interests and administrative fees from the bank

guarantee provided in terms of regulation 5(3) and may suspend

the relative licence until an amount equal to that of bad debts,

interests and fees paid to the Director from the bank guarantee is

reinstated in same guarantee, so however that, if the full amount

of the guarantee does not become again available within a

period of three months from the date of such notification, the

relative licence shall be deemed to have been revoked.".

€0.18