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Preamble – The Rubber (Amendment) Act,2009

The Rubber (Amendment) Act,2009

Preamble

The Rubber (Amendment) Act,20091

[No. 4 OF 2010]

[January 21,2010]

An Act further to amend the Rubber Act,1947

Be it enacted by Parliament in the Sixtieth Year of the Republic of India as follows

Prefatory Note Statement of Objects and Reasons

The Rubber Act,1947 was enforced on 18th April,1947. Over the years industry has undergone immense changes. In view of the development, suitable amendments in the provisions of the Rubber Act,1947 are needed.

2. The provisions for registration of estates and licence for planting and replanting of rubber are redundant in the liberalised scenario. The omission of these sections will remove cumbersome restrictions. The existing procedure for assessment and collection of cess is time consuming and complex. Introduction of a self-assessment procedure in place will facilitate smooth collection and avoid delay. Enhancement of penalty for violation of the provisions of the Act and introduction of a new provision for compounding of offences will check illegal transaction and evasion of cess. Ensuring quality standards of natural rubber exported and imported as well as consumed in the domestic market is essential. A single fund in the place of the General fund and the Pool fund will be effective device for quick and smooth flow of money into the fund and it will give fresh impetus to the functioning of the Board.

3. The Rubber (Amendment) Bill,2009, therefore, seeks to delete obsolete provisions and substituted some of the existing provisions in the Rubber Act,1947 (XXIV of 1947) so as to further rechristen it to meet the changing scenario.

4. The Bill seeks to achieve the above objects.

——————–

Received the assent of the President of January 21,2010 and published in the Gazette of India, Extra., Part II, Section 1, dated 22nd January,2010, pp. 1-5, No. 5

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