State Act

THE UTTAR PRADESH RESIN AND OTHER FOREST PRODUCE (REGULATION OF TRADE) ACT, 1976

20- Where at any time before the appointed day, any person had entered into any contract for the dale of resin expected to be tapped by him to any trader and obtained an advance from such trader towards the price of the resin expected to be delivered to the trader under such contract, then notwithstanding that by virtue of the provisions of section 4 and 17, such contract shall have be come void on the appointed day, the said person and trader may make a joint application before the Divisional forest officer or an officer authorized by him in that behalf giving particulars of such advance and thereupon the said officer, on being duly satisfied that the application has been voluntarily made by the said person, may direct the officer to pay on behalf of the said person to such trader a sum equivalent to the said advance less the amount already repaid by the said person to such trader) without any interest or compensation, out of the price due to the said person for resin sold under section 8 and the liability of the State Government of the said person and of the said person to the trader shall to the extent of such payment stand discharged and the said person shall not be liable to pay any interest or compensation in respect of such advance.