Malaysia legislation

Section 4

of LEMBAGA PADI DAN BERAS NEGARA ACT 1971

Section 4

(b)

to ensure a fair and stable price of rice for consumers;

(c)

to ensure sufficient supply of rice to meet all emergencies;

(d)

to make recommendations to the Government on policies designed to promote the development of the padi and rice industry, and where approved by Government to coordinate and assist in the implementation of the same.

(2)

The Lembaga shall have power to do all things expedient or reasonably necessary or incidental to the discharge of its functions, and in particular, but without prejudice to the generality of the foregoing—

(a)

to implement a guaranteed minimum price for padi;

(b)

to enforce the maintenance of fair and stable price of rice for consumers;

(c)

to maintain or to require any person to maintain a stockpile in padi or rice for strategic and price stabilisation purposes;

and Dewan Rakyat authority of the sam

Lembaga Padi dan Bei

Negara Act, 1971 (here al Act") is amended of the following:

embaga Padi dan Be ns for conserving a ply of padi and rice; thereof for farmers aide for the betterment d for purposes connected s amended by substitut "rice"' appearing thei

(d)

to regulate the marketing of padi and rice particularly through licencing of wholesalers, retailers, rice millers, importers and exporters:

(e)

to conduct surveys and investigations in respect of padi and rice industry;

(f)

to require persons engaged in the production or marketing of padi and rice to register and to give in such manner as the Lembaga may specify such information as the Lembaga may deem necessary;

(g)

to regulate the production of padi;

(h)

to prohibit, regulate or control the movement of padi or rice;

(i)

to require departments and government and nongovernmental agencies dealing in padi and rice industry to submit reports regarding their activities;

(j)

with the approval of the Minister, to enter into equity participation in any padi and rice industry;

(k)

to acquire, purchase, take on lease, hire, hold and enjoy movable and immovable property of every description and to convey, assign, surrender, and yield up, charge, mortgage, demise, reassign, transfer or otherwise dispose of, or deal with or to develop any movable or immovable property belonging to the Lembaga;

(l)

to enter into any contract;

(m)

to appoint agents or establish such other bodies as it may deem fit for the purpose of carrying out its functions;

(n)

to impose fees or any other charges it deems fit for giving effect to any of its powers or functions;

(o)

to receive in consideration of the services rendered by it such commission or payment as may be agreed upon; and

(p)

to exercise all functions and powers and perform all duties which under or by virtue of any other written law may be vested or delegated to it.