AGREEMENTS) ACT, 1987
The Karnataka Supply of Forest Produce by Government (Revision of Agreements) Act, 1987
Environmental19879 sections
This Act governs agreements between the Karnataka government and purchasers for the sale or supply of forest produce, applying to both the state and private entities holding these contracts. It is important because it grants the government the power to revise terms such as prices, quantities, and working areas to ensure they reflect current market value and support ecological balance. By allowing the state to modify or cancel existing agreements, the law ensures better forest management and environmental protection while preventing prices from exceeding market rates.
- 0. Preamble
- 1. Short title and commencement
- 2. Definitions.- (1) In this Act, unless the context otherwise requires,-
- 3. Power of State Government to revise agreements for sale or supply of forest produce
- 4. The price of forest produce sold or supplied to purchasers not to exceed market value
- 5. Power of Government to terminate agreements
- 6. Purchaser may terminate agreement after giving one month's notice
- 7. Effect of other laws
- 8. Power to make rules
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