Amendment status not verified — confirm the current text below against the official source.
Subs. by section 11 (2) ibid. 123 [The Uttar Pradesh Warehouse Act, 1958] [Section 19-25] [Insurance of goods in warehouse Act LVIII of 1962 19- Every warehouseman shall in sure the goods stored in his warehouse in such manner and against such events at may be prescribed: Provided that nothing in this section shall apply to the goods deposited in a warehouse belonging to a Warehousing Corporation established or deemed to be established under the Warehousing Corporations Act, 1962, or any other Central Act for the time being in force where such Warehousing Corporation bas undertaken in the prescribed manner to compensate the depositor against loss or damage arising from such events.]1 Discrimination prohibited 20- No warehouseman shall, in the conduct of his business, discriminate between persons desiring to avail themselves of the facilities of his warehouse: Provided that the warehouseman shall show such preference to a co- operative society and allow it such concessional rates as may be prescribed. [Warehouse- man not to deal in or lend money against goods in warehouse Act LVII of 1962 21- (1) No warehouseman shall either on his own account or that of others including the owner of the goods, deals in, or lends money on, goods received by him for deposit in his warehouse, anything to the contrary contained in any other law notwithstanding. (2) The provisions of sub-section (1) shall not apply to- (i) a Warehousing Corporation established or deemed to be established under the Warehousing Corporations Act, 1962, except in regard to the restriction on its power to lend money on goods received by it for deposit in its warehouse; or (ii) a co-operative society.]2 Service charges 22- The warehouseman may levy such charges as may be prescribed for storing goods in the warehouse. Accounts etc. to be maintained 23- A warehouseman shall maintain accounts, books and records in such form and manner as may be prescribed. Warehouse- man’s lien 24- Every warehouseman shall have a lien on the goods deposited in his warehouse for charges for storing goods and for all the other lawful charges incidental thereto. CHAPTER IV GRADING OF GOODS Weighers, samplers and Classifiers to obtain licence 25- (1) The licensing authority may, on application made in the prescribed form on payment of the prescribed fee and the Security money, grant, a licenee to person possessing the prescribed qualifications, entitling them to act as weighers, samplers and classifiers, of any goods deposited or to be deposited in a warehouse run by a warehouseman and, to issue certificates as to the weight, bulk, quality or grade of the goods which they have examined.