Amendment status not verified — confirm the current text below against the official source.
(1) Any person who intends to enter into a contn. et for the sale or the supply of raw jute with the owner of a jute-mill shall apply to the Board: specifying the quanti,y, quality and trade description of such jute and such of er particulars in respect thereof, if any, as ina -;/ be prescribed. (2) The Board shall after considering the applicatic.a, select an owner of a jute-mill (who has signified in writing to the Board his intention to buy raw jute) with whom the applicant shall enter into a contract for the sale or the supply of raw jute within a date specified by the Board. (3) (i) The applicant and the owner of a jute-mill selected under sub-section (2) shall thereupon, within the date specified by the Board, enter into a contract for the sale or supply of raw jute on such terms and conditions (including terms as to arbitration in case of dispute) as may be .prescribed : Provided that the prices for raw jute fixed under such contract, shall not exceed the maximum prices, if any, as may be fixed under the West Bengal Jute (Control of Prices) Act, 1950. Contracts for sale or supply of raw jute not to be made except in the manner provided. Manner of making contracts. 4 The Raw Jute (Central Jute Board and Miscellaneous Provisions) Act, 1951. [West Ben. Act (Sections 7, 8.) (ii) An applicant or the owner of a jute-mill selected under sub-section (2), who refuses to comply in any manner with the provisions of clause (i), shall be guilty of an offence under this Act and shall be punishable with imprison- ment which may extend to six months or with fine or with both. (4) In considering applications and in selecting owners of jute-mills under sub-section (2), the Board shall endeavour to ensure equitable supply of raw jute among owners of different jute-mills, but the selection of the Board shall not be questioned by or in any court of law. (3) The Board may levy in the prescribed manner, a cess from the applicant who enters into a contract for the sale or the supply of raw jute in accordance with the provi- sions of clause (i) of sub-section (3), at such rate as may be fixed from time to time by the Board, not exceeding one- eighth per centurn of the value of the raw jute sold or supplied by the applicant under such contract. Prohibition of