Agricultural Charges (Fees) Regulations (Chapter 35:01)

1/28/2016 Laws of Botswana http://www.elaws.gov.bw/default.php?UID=602 5/6 ..................................................................................................................... in favour of the BANK in terms of the Agricultural Charges Act and whereas the BANK has registered a Certificate of Indebtedness in terms of the said Act against the name of the FARMER, in the office of the Registrar of Deeds; AND WHEREAS you the Buyer have been specified as a Buyer in terms of the said Act to whom or through whom the FARMER may sell his livestock and or agricultural produce as defined in the said Act; AND WHEREAS the FARMER is still indebted to the BANK which debt has not been paid in terms of the Agreement entered into between the FARMER and the BANK; NOW THEREFORE notice is hereby served on you the Buyer notifying you that moneys are owing to the BANK by the FARMER and that the BANK invokes the provisions of section 8 of the Act and that in terms of section 8(2) you are hereby required, subject to the provisions of that section, to pay to the BANK any moneys owing by you to the FARMER by reason of the sale of ......................................................................................................................................... which may from time to time hereafter be owing by you to the FARMER by reason of the sale of ......................................................................................................................................... up to an amount of ............................................... until the BANK notifies you in accordance with the provisions of section 8(3) of the Act that the debt owing by the FARMER is satisfied or that it no longer wishes to enforce its rights under the Act. [iv]* Dated at Gaborone this ............................................. day of ....................... 20 ................... ............................................................. General Manager (National Development Bank) AGRICULTURAL CHARGES (FEES) REGULATIONS (under section 17) (20th October, 1967) ARRANGEMENT OF REGULATIONS REGULATION 1. Citation 2. No fee for registration or cancellation of certificate of indebtedness S.I. 58, 1967, S.I. 70, 1967, S.I. 11, 1979. 1. Citation These Regulations may be cited as the Agricultural Charges (Fees) Regulations. 2. No fee for registration or cancellation of certificate of indebtedness No fee shall be charged in respect of the registration or cancellation of a certificate of indebtedness by 1/28/2016 Laws of Botswana http://www.elaws.gov.bw/default.php?UID=602 6/6 the Registrar of Deeds in accordance with section 5 or 6 of the Act.