Uganda Tea Growers Corporation (Repeal) Act, 2006

THE UGANDA TEA GROWERS CORPORATION (REPEAL) ACT, 2006. ARRANGEMENT OF SECTIONS. Section. 1. Short title. 2. Interpretation. 3. Appointment of liquidator. 4. Duties of liquidator. 5. Repeal of Cap. 37. THE UGANDA TEA GROWERS CORPORATION (REPEAL) ACT, 2006. An Act to repeal the Uganda Tea Growers Corporation Act, Cap. 37; to provide for the appointment of a liquidator for the purpose of dissolving the Uganda Tea Growers Corporation, and for related or incidental matters. DATE OF ASSENT: 24th May, 2006. Date of Commencement: 8th June, 2006. BE IT ENACTED by Parliament as follows: 1. Short title This Act may be cited as the Uganda Tea Growers Corporation (Repeal) Act, 2006. 2. Interpretation In this Act, unless the context otherwise requires— “Corporation” means the Uganda Tea Growers Corporation established under the Uganda Tea Growers Corporation Act, Cap. 37; “Minister” means the Minister responsible for agriculture. 3. Appointment of liquidator (1) The Minister shall on the coming into force of this Act, appoint a liquidator to dissolve the Corporation. (2) The liquidator appointed under subsection (1), shall be appointed on such terms and conditions as the Minister may determine in the instrument of appointment. 4. Duties of liquidator The duties of the liquidator shall be to— (a) receive all the assets of the Corporation; (b) receive and settle any claim relating to any obligation of the Corporation; (c) determine and settle the terminal benefits payable to the former employees of the Corporation; (d) dispose of the assets of the Corporation; (e) recover any debts owed to the Corporation; (f) carry out any other duty which is incidental or related to the foregoing duties. 5. Repeal of Cap. 37 The Uganda Tea Growers Corporation Act, Cap. 37 is repealed.