CAP. 146]
Essential Commodities Reserves Regulations
[1984 Ed.
[Subsidiary]
7. Additions to the quantity mentioned in Condition (1) to be subject to double levy and 15 per cent (15%) of same to go to reserve stock.
8. The holder of this permit is guaranteed against losses on disposal of reserve stocks at end of permit period.
9. A levy of 12 cents per picul per month on all imports to continue, subject to variation in the light of conditions prevailing from time to time. 2 months' notice of discontinuance of levy to be given.
10. A pro rata subsidy of 18 cents per picul per month in respect of reserve stocks to be paid to the holder of this permit, subject to variation in the light of conditions prevailing from time to time, by agreement between Government and Importers.
11. Any approved godown storage is permitted and if reasonable proof is submitted showing no godown space is available, the holder of this permit is to be temporarily exempt from his reserve liabilities, which exemption will also apply in event of an embargo on exports being placed in the country from which he usually imports.
12.
14 Transhipped for elsewhere than China Coast not to count for reserve stock liability.
13. Government to compensate the holder of this permit for any damage to or loss of reserve stocks as a result of enemy action, riots and civil commotion.
Controller of Food
FORM 3
STATEMENT OF IMPORTATION OR PURCHASE OF
I have imported on the day of the following quantity of namely:
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Bags Description or Grade Imported from Arrived per S.S. M.V.
Signature of Registered Importer