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Sugar Insurance Fund Act 1974 (No. 4 of 1974).

Country
Type of law
Legislation
Source


Abstract
This Act establishes the Sugar Insurance Fund, the Sugar Insurance Fund Board and an Investment Committee and provides with respect to the insurance of sugar cane cultivation and sugar processing. The object of the Fund shall be to insure the sugar industry against loss due to cyclones, drought, excessive rainfall or fire. The Board shall be a body corporate. The Fund shall consist of: (a) a General Insurance Account; and (b) a Fire Insurance Account. Millers shall register factories and planters shall annually register sugar cane plantations with the Board.
Long title of text
An Act to amend and consolidate the law relating to the insurance of sugar cane crops against cyclones, drought or excessive rainfall and to provide for the compulsory insurance of sugar cane crops against fire losses.
Date of text
Repealed
No
Source language

English

Legislation Amendment
No