Sri Lanka Consolidated Acts

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Licensing Of Produce Brokers Act (No. 9 of 1979) - Sect 14

Interpretation

14. In this Act, unless the context otherwise requires " appropriate authority" in any context relating to a licence, means any person who, by name or by office, has been appointed to be such authority by the Minister by Order published in the Gazette under subsection (4) of section 2 ; "licence" means a licence to carry on business as a produce broker issued by any appropriate authority to any person under this Act; " prescribed" means prescribed by regulations made under this Act; and " produce broker " means any individual, firm or company engaged in the business of
(a) broking in tea, rubber or coconut produce ; or
(b) actively participating in the marketing of tea, rubber or coconut produce through the existing auction system and the systems outside the auction system.


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