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Loans (Cane Crop Rehabilitation Scheme) Act

LAWS OF FIJI

CHAPTER 208

LOANS (CANE CROP REHABILITATION SCHEME)

TABLE OF PROVISIONS

SECTION

1. Short title
2. Interpretation
3. Loans to which this Act applies
4. Charge in favour of Corporation

LOANS (CANE CROP REHABILITATION SCHEME)

Act No. 10 of 1983

AN ACT TO PROVIDE FOR THE CHARGING OF CANE PROCEEDS WITH THE REPAYMENT OF CERTAIN MONEYS LENT BY THE FIJI SUGAR CORPORATION LIMITED

[9 September 1983]

Short title

1. This Act may be cited as the Loans (Cane Crop Rehabilitation Scheme) Act.

Interpretation

2. In this Act, "Corporation" means The Fiji Sugar Corporation Limited.

Loans to which this Act applies

3. Where moneys are acknowledged, in writing, by a cane grower to have been expended on his behalf by the Corporation, for the purpose of overcoming the effect of the drought conditions that affected the cane crop for the year 1983 on crops in succeeding years, those moneys shall be taken, for the purposes of this Act, to have been lent by the Corporation to the cane grower on terms to which this Act applies.

Charge in favour of Corporation

4. Notwithstanding the provisions of any written or other law, or of any agreement between a cane grower and any other person, the repayment to the Corporation of any moneys lent by the Corporation to that cane grower on terms to which this Act applies shall, after first making provision for the repayment of any advances or other payments of whatsoever nature made to him or on his behalf by the Corporation, be a first charge on all proceeds due to him, or any other person, on the sale of cane grown by him, commencing with the proceeds of the crop harvested in 1985, until the moneys so lent have been fully repaid.

Controlled by Ministry of Primary Industries