Amendment status not verified — confirm the current text below against the official source.
(1) Every contract for the sale or supply of raw jute contracts. entered into before the appointed da which on such da remains to be performed wholly or in part shall to the extent it so remains to be performed, be void and unenforceable in law. (2) So much of any brokerage in respect of any contract as aforesaid as relates to such contract contract becomes void and to the extent such (1), shall not be payable. unenforceable under sub-section (3) Sub-section (2) shall not -apply— (a) where a broker did not guarantee the delivery of any raw jute, and (b) to contracts for the sale or supply of raw jute, e performance of which were to be completed onth or before the appointed day but in respect of which the time for performance has been extended by common consent, and in every such case brokerage shall be g payable in. antral accordance with the terms areed upon with the brok Ito 4. (1) The State Government shall constitute a Central lard. Jute Board consisting of the following members, namely:— (a) four persons representing the Indian Jute Mills Association, nominated by that Association and , approved by the State Government; (b) two persons representing the Jute Dealers Associa- tions, nominated by the State Government; [West Ben. Act The Raw Jute (Central Jute Board and Miscellaneous-3 Provisions) Act, 1951. VI of 1951.] (Sections .5, 6.) (c) two persons representing the Jute Balers Associa- tions, nominated by the State Government; (d) three persons to be nominated by Government to enable the Government to allow representations of all interests. (2) The Chairman of the Board shall be nominated by the State Government and shall be a member of the Board. The Chairman shall hold office for such period as may be determined by the State Government. (3) The conditions for the resignation, removal and leave ex-India of members of the Board and the procedure of the Board shall be such as may be prescribed. (4) The Board shall comply with such directions, if any, as may from time to time be issued to it by the State Government. (d) The Board may, with the approval of the State Government, make by-laws for the efficient functioning of the Board. Ben. 'I of