The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-Section (ii)
PUBLISHED BY AUTHORITY
No. 324] NEW DELHI, SATURDAY, JULY 1, 1978/ASADHA 10, 1900
Separate paging is given to this Part in order that it may be filed as a separate compilation.
822 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)J MINISTRY OF INDUSTRY (ii) the quality, condition and grade composition of •uch stocks in case of raw jute and quality and construction In case of jute textiles; (Deportment of Industrial Development)ORDER
New Delhi, the 1st July, 1978
S.O. 42
1. (l)This Order may bo called the Jute (Licensing and
Control) Second Amendment Order, 1978.
(2) It shall come into force at once.
2. Clause 10 of the Jute (Licensing and Control) Order, 1961, shall be re-numbered as Sub-clause (1) of that clause, and after sub-clause (1) as so re-numbered, the following sub-clause shall be inserted, namely:—
"(2) In issuing an order sub-clause (1), the Jute Com-
missioner shall have regard to—
(i) the quantity of raw jute or jute textiles in the possession of various stockists or manufacturers ;
(iii) period and the purpose for which such stocks of raw jute or jute textiles are being held by various stockists or manufacturers with particular reference to the necessity of discouraging speculative hoard- ing in, and ensuring availability at fair prices of raw jute or jute textiles;
(iv) genuine and firm contractual sale commitments, if
any;
(v) whether the stock has been declared to the Jute Commissioner or not under any provision of this Order and in case the stock has been so declared, whether it has been correctly declared or not;
(vi) whether the stockist is the real owner or he is holding the stock for and on behalf of third parties;
(vii) whether the stock is being held in violation of any order of the Jute Commissioner under this Order; and
(vili) any other factor which, in the opinion of the Jute Commissioner, may be relevant for the pur- pose."
[F. No. 7/1/78-Jute] N. S. VAIDYANATHAN, Jt. Secy.