REGISTERED No. D. 221

The Gazette of India

EXTRAORDINARY

PART II—Section 3— Sub-section (ii)

PUBLISHED BY AUTHORITY

NO.

366]

NEW DELHI, MONDAY, NOVEMBER 7, 1966/KARTIKA 16,1888

Separate paging is given to this Part in order that it may be filed

as a separate compilation.

MINISTRY OF COMMERCE

NOTIFICATIONS

New Delhi, the 7th November 1966

S.O. 3445,—Whereas forward contracts for the sale or purchase of Vanaspati, a

vegetable oil product as defined in sub-clause (e) of clause 2 of the Vegetable Oil

Products Control Order, 1947 have been prohibited under the Notification of the

Government of India in the late

Ministry

of Commerce and Industry S.O. 102

dated the 7th January, 1960;

And whereas the Central Government is of the opinion that in the interest of

the trade and in the public interest, it is expedient to regulate and control non-

transferable specific delivery contracts in respect of the said commodity;

Now, therefore, in exercise of the powers conferred by sub-section (3) of sec-

tion 18 of the Forward Contracts (Regulation) Act, 1952 (74 of 1952), the Central

Government hereby declares that the provisions of sub-section (1) and (2) of sec-

tion 17 of the said Act shall apply to non-transferable specific delivery contracts

in respect of the aforesaid commodity in the whole of India.

[No. 32(3)-Com. Genl(FMC)/66-I]

S.O. 3446.—In exercise of the powers conferred by sub-section (1) of section 17

of the Forward Contracts (Regulation) Act, 7952 (74 of 1952), as applied to non-

transferable specific delivery contracts in respect

of vanaspati, a vegetable oil

product as defined in sub-clause (e) of clause (2) of the Vegetable Oil Products

Control Order, 1947, by the Notification of the Government of India in the Minis-

try of Commerce No. 32(3)-Com. Genl.(FMC)/66-I dated the 7th November, 1966

the Central Government hereby declares that no person shall, save with the per-

mission of the Central Government, enter Into any non-transferable specific delivery

contracts, for the sale or purchase of the said' vanaspati.

[No. 32(3)-Com. Genl(FMC)/66-11.1

( 1451)

14J1

TH* GAZETTE OF INDIA EXTRAORDINARY

[PART II-SIO. «(H)]

S.O, 3447.—in exercise of the powers conferred by section 27 of the Forward

Contracts (Regulation) Act, 1952 (74 of 1952), the

Central Government

hereby

exempts every non-transferable specltlc

delivery

contract

entered into by the

Central Government or a State Government or on behalf of the Central or a State

Government by any person or body of person:; duly appointed in that behalf by

that Government, for the purchase or sale of vanaspati, a vegetable oil product as

dolined In sub-clause (e) of clause (2) o: the VegataKe, Oil Products Control Order,

1947. from the operation of section 17 of the said Act.

TNo, 32(3)-Com. Genl(FMC)/66-IIL]

P. C. ALEXANDER, Jt. Secy.

l'HINTED

IN

INDIA

BY

THE

GENERAL

MANAGER,

GOVERNMENT!

OF

INDIA

PRESS,

NEW

D«LHI

ANP

FUBLWHED

BY

T H !

MAW-GER

OF

PUBLICATION*,

DELHI,

1966