Section 47: Sugar price
consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
47. Sugar price
(1) The Minister shall, on or before 31 December in any crop year, after
consultation with the Mauritius Sugar Authority, determine the sugar price,
applicable to any specified class of insured, at which insurable sugar shall be
valued for that crop year in respect of that particular class of insured.
(2) The sugar price determined under subsection (1) shall be—
(a) the price per ton of sugar, inclusive of the value of the molasses
by-product associated with each ton of sugar;
(b) expressed to the nearest rupee; and
(c) published in the Gazette and in 2 daily newspapers.
[S. 47 amended by s. 13 of Act 42 of 1984 w.e.f. 16 July 1984; s. 6 of Act 36 of 1988
w.e.f. 10 December 1988.]