Sugar Insurance Fund (Prescribed Area and Prescribed Percentages of Total Insurable Sugar) Regulations 2012 (GN No. 115 of 2012)

Sugar Insurance Fund (Prescribed Area and Prescribed Percentages of Total Insurable Sugar) Regulations 2012 GN No. 115 of 2012 Government Gazette of Mauritius No. 59 of 9 June 2012 THE SUGAR INSURANCE FUND ACT Regulations made by the Minister under section 55 of the Sugar Insurance Fund Act 1. These regulations may be cited as the Sugar Insurance Fund (Prescribed Area and Prescribed Percentages of Total Insurable Sugar) Regulations 2012. 2. In these regulations — “Act” means the Sugar Insurance Fund Act. 3. For the purposes of section 25(1) of the Act — (a) the area prescribed for computing the total sugar accrued shall be the Island of Mauritius; and (b) the prescribed percentage of the total insurable sugar shall be 75 per cent. 4. For the purposes of section 25(2) of the Act, the other percentage of the total insurable sugar shall be 80 per cent. 5. These regulations shall be deemed to have come into operation on 12 May 2012. Made by the Minister on 29 May 2012