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Royal Government of Cambodia
No. 63/ANK/BK

October 13, 1994

 

ANUKRET
on Conferring the Right to Sell and Export Rubber Products
to the Ministry of Agriculture, Forestry, and Fisheries

 

Royal Government of Cambodia

·         Seen the Constitution of the Kingdom of Cambodia;

·         Seen the Royal Decree of His Majesty the Kingdom of Cambodia, Samdech Preach NORODOM SIHANOUK VARMAN, dated  November1, 1993 on the       Formation of the Royal Government;

·         Seen the Decree No 12, dated February 10, 1990, on the Change of Functions of the Department General of Rubber Plantations;

·         Seen the Sub-Decree No 28 dated November 13, 1990, on the Organization and Functioning of the Department General of Rubber Plantations;

·         Seen the Sub-Decree No 05, dated August 19,1993, on placing the Department General of Rubber Plantations under the Supervision of the Ministry of Agriculture, Forestry, and Fisheries; and

·         Pursuant to the spirit of the April 29, 1994 Conference in Kompong Cham Province under the Presidency of  the Co-Prime Ministers.

IT IS HEREBY DECIDED

Article 1:

To confer the right to sell and export rubber products, with the exception of solidified rubber in which case the approval must be authorized by the Royal Government, to the Ministry of Agriculture, Forestry, and Fisheries (Department General of Rubber Plantations). The objective is to benefit the domestic industry production and to import equipment and spare parts and other means to service existing production and new rubber tree plantings.

Article 2:

After payment of the required taxes to the State, the Ministry of Agriculture, Forestry, and Fisheries (Department General of Rubber Plantations) shall be responsible for the collection of the proceeds from the sale of rubber in order to meet expenses incurred in the rubber production process including salaries, purchase and import of equipment,  spare parts, and other necessities. The Ministry of Agriculture, Forestry, and Fisheries shall submit for approval of the Royal Government request for investment fund for new rubber plantations and construction of infrastructure, provided the proceeds for the above sale are not adequate. In the event of force majeure  whereby loss was incurred, the Ministry of Agriculture, Forestry, and Fisheries shall submit detailed reports to the Royal government requesting its financial intervention to restore its productivity.

Article 3:

The Ministry of Agriculture, Forestry, and Fisheries (Department General of Rubber Plantations)  shall have the right to use 30% of the proceeds of the sale to import items necessary for production, the balance of the foreign exchange shall be sold to the State according to existing procedures.

Article 4:

Any provisions contrary to this Sub-Decree  shall be annulled.

Article 5:

The Co-ministers in charge of the Cabinet of the Council of Ministers, the Minister of  Agriculture, Forestry and Fisheries, the Minister of Economy and Finances, and the Minister of Commerce shall implement this Sub-Decree within their respective capacity from the date of its signature.

The First Prime Minister                                     The Second Prime Minister

 

Royal Signature and Seal                                   Signature and Seal
NORODOM RANARIDDH                                   HUN SEN