Subject NOT available · Indian Gazettes

click here for IIIF manifest

REGISTERED No. D-28.

The Gazette of India

EXTRAORDINARY

PUBLISHED BY AUTHORITY

NEY7 DELHI, FRIDAY, NOVEMBER 4, 1949

GOVERNMENT OF INDIA

MINISTRY OF REHABILITATION

NOTIFICATION

New Delhi, the 1st November 1949

No. II(55-E)/49-N-3.—In pursuance of sub-section (1; of Section 6 of the Influx from Pakistan (Control) Act, 1949 (XXIII of 1949) and in supersession of this Ministry's Notification No, IT (55-E)/49-N & I, dated the 29th January 1949, the Central Government is pleased to empower an Assistant Sub- Inspector and a Head Constable of Police in the Province of Fast Punjab and an Assistant Sub-Inspector of Police in the rest of India to exercise the powers referred to in the said sub-section.

V. D DANTYAGI, Joint Secy.

MINISTRY OF FOOD

NOTIFICATION

New Delhi, the 4th November 1949.

No. CG.604(32)/49.—In exercise of the powers conferred b,y section 4 of the Essential Supplies (Temporary Powers) Act, 1946 (XXIV of 1946) as applied to Rampur by Notification of the Government of India in the Ministry of States No. l11-(e)-J. dated the 31st July 1949, the Central Government is pleased to direct that the power to make orders conferred on it by sub-section (1) of sec- tion 3 of the said Act to provide for the matters specified in sub-section (2) there- of shall, in relation to foodstuffs, including gram, sugar and gur, but excluding (i) other pulses (ii) edible oils and (iii) edible oil seeds, be exercisable also by the Chief Commissioner of Rampur.

Provided that.—

(a) before making any order relating to any matter Specified in clauses (a), (b), (c), (d), (f) and (g) of the said sub-section (2), the Chief Commissioner shall obtain the concurrence of the Central Gov- ernment;

(b) no order made in the exercise of the aforesaid powers shall have effect so as to prohibit or restrict the export, from any place in Rampur to any place outside India, of any articles or things. S. K. DATTA, Dy Secy. [ 2 1 5 9] 2160 THE GAZETTE OF INDIA EXTRAORDINARY, NOV. 4, 1949 MINISTRY OF COMMERCE

NOTIFICATIONS

Neu- Delhi, the 4th November 1949

No. 68-110(1)/48.—Tn ewreise of the powers conferred by section 3 of the W n t i al bupph.s (Tempon.ry 1'owora) Act, 1940, (XXIV of 1940) the Central Government is phased to direct that the following amendment shall be mack MI th.. Oilseeds (Forward Contract. Prohibition) Order, 11)43, n a m e l y^

Tn the Schedule to the said Old r, item 6 (relating to Cotton seed) shall be onvtted.

No. 58-TPO(l)/49.—Whereas it appear* to the Central Government to be, expedient lor maintaining suppli R of cotton Heed aud for souring their avaiJa- bilily lit lair iinees to prohibit eel tain transactions therein;

Now therefore, in exorcise of the powers conferred by section 3 of the J^ential bupphes (Temporary Powers) Act, 1946 (XXIV of 1940) the Central Government is pleased to mule the following Order, namely: —

1. (1) This Order may be called the Cotton Seed (Forward Contracts Prohi- bition) Order, 1949.

(⁴2) ft extends to all the Provinces of India. (3) It shall come into force ni once 2. In this Order, —.

(i) "contrncf means a contract made, or to be performed in whole or in pait, in the Provinces of Tndia relating to the wlc or purchase of cotton seed;

(n) "forward contract ' means a contract for the delivery of cotton aeed At some future dote,

ti \o person hhali, after the 4Lh November, 1949, enter into $ny forward emitinet except 1lic followirg contracts, namely: —

( \ Korwaid contracts of specific qualities* or types and for specific delivery ut a specified price, delivery orders, railway receipts or bills of lading against which contracts are not transferable to third parties; ( i) Contacts¹ for the delivery at some fulure date of cotton seeds to Government or any authorised officer oL Government; and

(in) Contracts which the Ceniral Government may, by notification in tbo official Gazette, exclude from the provisions of this Order.

4. 1,1) Kvcry forward contract outstanding at the close of business on the date specified in clause f5 shall be deemed to be closed out tit the market rate appli- cable to the contract tit the close of business- on the mud date for cotton se,ed

(2) All diffu'enoes uribirg out ot any contract so deemed to bo closed out shall be payable on the babis ot the market rate as aforesaid and the seller shall not be bound to gi\e delivery und the buyer shall not be bound to take delivery.

{[)) Payment of all differences legally due irom a member ot an association ton no I ho f member ot such aswocintion in respect of any forward contract closed out under this clause shall be made to the clearing house of the association and for the purposes of calculating such differences, the market rate referred to in sub-clause (1) shall be deemed to be the settlement rate fixed by the association under its bye-laws or other regulations which shall for the relevant purpose continue to have effect subject to the provisions of this Order. U. L. GOSWAMI, Dy. Secy. POTUBHBD BT THI MANAGBE or POTUOATIONB, D m m, INDIA, PBIMTEID BT THI M A N A O I R, GOVKHOCBNT Of IMDIA P M B i, N"W DMLHI, IHPIA.