Amendment status not verified — confirm the current text below against the official source.
Passed in Hindi by the Himachal Pradesh Vidhan Sabha. For Statement of Objects and Reasons, see the Rajpatra, Himachal Pradesh (Extra-ordinary), dated 1st April, 1982, pp. 209 and 218. THE HIMACHAL PRADESH FOREST PRODUCE (REGULATION OF TRADE) ACT, 1982 3 or deferred payment or for other valuable consideration; Explanation.- Purchase of forest produce on instalment system of payment shall, notwithstanding that the seller retains a title to forest produce as security for payment of the purchase money, be deemed to be a purchase; and (g) "sale" with all its grammatical variations and cognate expressions means any transfer of forest produce by one person to another for cash or for deferred payment or for other valuable consideration and includes a transfer of forest produce on hire-purchase or other system of payment by instalment. (2) All other words and expression used herein, but not defined in the Act, shall have the meanings assigned to them in the Indian Forest Act, 1927, as applied to this State. CHAPTER-II REGULATION OF THE TRADE OF FOREST PRODUCE