Sugar (Reserve Funds) Act.
Country
Type of law
Legislation
Date of original text
Date of latest amendment
Abstract
This Act creates a Sugar Price Stabilization Fund, a Sugar Industry Capital Rehabilitation Fund, a Sugar Industry Labour Welfare Fund and a Sugar Workers Pensions Fund and requires exporters of sugar to pay part of proceeds of sale of sugar to Government of Jamaica. The Act also contains a provision that requires exporters to pay a “statutory deduction” on sugar covered by an insurance policy that is damaged, stolen or destroyed.
Attached files
Notes
Consolidated edition of Chapter 373 as last amended by Act No. 28 of 2003 and authorized by L.N. 87/2004.
Repealed
No
Source language
English
Legislation Amendment
No