Act Number: 58

Act Name: The Warehousing Corporations  Act, 1962

Year: 1962

Enactment Date: 1962-12-19

Long Title: An Act to provide for the incorporation and regulation of corporations for the purpose of warehousing of agricultural produce and certain other commodities and for matters connected therewith.

Ministry: Ministry of Consumer Affairs, Food and Public Distribution

Department: Department of Food and Public Distribution

Section 24: Functions of the State Warehousing Corporation.
    Subject to the provisions of this Act, a State Warehousing Corporation may--
         (a) acquire and build godowns and warehouses at such places within the State as it may, 1[after consultation with] the Central Warehousing Corporation, determine;
         (b) run warehouses in the State for the storage of agricultural produce, seeds, manures, fertilizers, agricultural implements and notified commodities;
         (c) arrange facilities for the transport of agricultural produce, seeds, manures, fertilizers, agricultural implements and notified commodities to and from warehouses;
         (d) act as an agent of the Central Warehousing Corporation or of the Government for the purposes of the purchase, sale, storage and distribution, of agricultural produce, seeds, manures, fertilizers, agricultural implements and notified commodities; 2* * *
         3[(da) enter into, with the previous approval of the State Government, joint ventures with the Central Warehousing Corporation; and]
         (e) carry out such other functions as may be prescribed.
Notes:
1. Subs. by Act 23 of 2001, s. 6, for "with the previous approval of" (w.e.f. 1-11-2001).
2. The word "and" omitted by s. 6, ibid. (w.e.f. 1-11-2001).
3. Ins. by s. 6, ibid. (w.e.f. 1-11-2001).
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