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Warehousing (Development and Regulation) Act
An Act to make provisions for the development and regulation of warehouses, negotiability of warehouse receipts, establishment of a Warehousing Development and Regulatory Authority and for matters connected therewith or incidental thereto.
| Act Id | 200737 |
| Act Number | 37 |
| Enactment Date | 2007-09-19 |
| Act Year | 2007 |
| Ministry | Ministry of Consumer Affairs, Food and Public Distribution |
| Enforcement Date | 25-10-2010 |
- PRELIMINARY
- REGULATION OF WAREHOUSING BUSINESS
- WAREHOUSEMEN
- WAREHOUSE RECEIPTS
- 11 Warehouse receipts
- 12 Negotiability of warehouse receipts
- 13 Negotiation of warehouse receipt by delivery
- 14 Transfer of negotiable warehouse receipts without endorsement
- 15 Warranties on negotiation of warehouse receipts
- 16 Non-liability of the endorser
- 17 Negotiation of warehouse receipt not impaired by fraud, mistake or duress
- 18 Subsequent negotiation of warehouse receipts
- 19 Delivery of goods to be made after due charges are paid
- 20 Transfer of non-negotiable receipts
- 21 Conclusiveness of negotiable warehouse receipt
- 22 Presumption in certain cases
- 23 Issue of duplicate receipt
- THE WAREHOUSING DEVELOPMENT AND REGULATORY AUTHORITY
- 24 Establishment and incorporation of Authority
- 25 Composition of Authority
- 26 Tenure of office of Chairperson and other members
- 27 Removal from office
- 28 Salary, allowances and other terms and conditions of Chairperson and other members
- 29 Bar on future employment of members
- 30 Chairperson to be the chief executive of Authority
- 31 Meetings of Authority
- 32 Vacancies, etc., not to invalidate proceedings of Authority
- 33 Officers and employees of Authority
- 34 Warehousing Advisory Committee
- POWERS AND FUNCTIONS OF AUTHORITY
- FINANCE, ACCOUNTS AND AUDIT
- POWERS OF CENTRAL GOVERNMENT
- APPEALS
- OFFENCES AND PENALTIES
- MISCELLANEOUS
- 46 Chairperson, members, officers and other employees of Authority to be public servants
- 47 Protection of action taken in good faith
- 48 Delegation of powers
- 49 Exemption from tax on wealth and income
- 50 Power of Central Government to make rules
- 51 Power of Authority to make regulations
- 52 Rules and regulations to be laid before Parliament
- 53 Act to have overriding effect
- 54 Power to remove difficulties
- 55 Amendment of Act 2 of 1899
