Warehouse Receipt System Act, 2006 (No. 14 of 2006).
Country
Type of law
Legislation
Abstract
This Act establishes the Uganda Warehouse Receipt System Authority as a body corporate and provides rules relative to warehousing in Uganda and a system of warehouse receipts for trading and credit purposes and negotiation and transfer of warehouse receipts. The Authority shall: (a) license warehouses, warehouse keepers and warehouse inspectors; (b) issue negotiable warehouse receipts books; and (c) to carry out and perform such other functions as are conferred or imposed on it by this Act or Regulations made under this Act. The Act also provides for warehoused goods that are about to deteriorate or decline in value or may pose a hazard to be sold at the Uganda Agricultural Commodities Exchange. The Act also defines offences.
Attached files
Web site
Long title of text
An Act to provide for the licensing of warehouses and warehouse keepers, to provide for a national system of warehouse bonding for the protection of depositors, to provide for the issue of warehouse receipts and to provide for other related matters.
Date of text
Repealed
No
Serial Imprint
Uganda Gazette No. 36 of 8 June 2006, Acts Supplement No. 5.
Source language
English
Legislation Amendment
No