LawgistThe Coffee Act
33Power to borrow
The Board may, subject to any prescribed conditions, borrow on the security of the general fund or the pool fund for any purposes for which it is authorised to expend money from such fund, or on the security of the coffee delivered or treated as delivered for inclusion in the surplus pool for any purposes for which it is authorised to expend money from the pool fund.
Download our fully-offline, High speed android app.- Click here
All sections
- 1 Short title, extent and duration
- 2 Declaration as to expediency of Union control
- 3 Definitions
- 4 Constitution of the Board
- 5 Incorporation of the Board
- 6 Vesting of property in the Board
- 6A Consultation with the Board
- 7 Committees, staff and agents
- 8 Salary and allowances of Chairman
- 8A Vice-Chairman
- 9 Chief Coffee Marketing Officer, Secretary and other Staff
- 10 Dissolution of the Board
- 11 [Repealed.]
- 12 [Repealed.]
- 13 [Repealed.]
- 14 Registration of owners of coffee estates
- 15 Power of State Government to make rules
- 16 Fixation of prices for sale of coffee
- 17 Sale of coffee in excess of free sale quota
- 18 Sale of coffee, how made
- 19 [Repealed.]
- 20 Export of coffee
- 21 Re-import of coffee exported from India
- 22 Free sale quota
- 23 Returns to be made by registered owners
- 24 Licences for sale of uncured coffee
- 25 Surplus coffee and surplus pool
- 26 Sales of coffee by the Board
- 27 Coffee to be cured in licensed curing establishments
- 28 Licensing of curing establishments
- 29 Information to be supplied to the Board in connection with curing
- 30 Separate funds to be maintained by the Board
- 31 General fund
- 32 Pool fund
- 32A Power of the Board to make donation to the Gandhi National Memorial Fund
- 33 Power to borrow
- 34 Payments to registered owners
- 35 Failure to register
- 36 Contraventions of sections 16, 17 and 18
- 37 Unlicensed curing establishment
- 37A Contravention of section 23(1)
- 38 False returns
- 38A Contravention of section 25
- 38B Powers to seize coffee withheld from inclusion in surplus pool
- 39 Obstruction
- 39A Offences by companies
- 40 Cognizance of offences
- 41 [Repealed.]
- 42 Control by the Central Government
- 43 Appeals to the Central Government
- 44 Inspection of records
- 45 Accounts of the Board
- 46 Inspection of records of the Board and obtaining of copies
- 47 Contracts
- 47A Bar of legal proceedings
- 48 Power of the Central Government to make rules
- 49 Repeal of Act 14 of 1935
- 50 [Repealed.]
