Date gazetted: 25 June 2021
IT is hereby notified that the Minister of Lands, Agriculture, Fisheries, Water and Rural Resettlement has, in terms of section 50 of the Agricultural Marketing Authority Act [Chapter 18:24], as read with sections Part VI the Warehouse Receipt Act [Chapter18:25], made the following regulations:—
1. These regulations may be cited as the Agricultural Marketing Authority (Zimbabwe Mercantile Exchange) Rules, 2021.
2. (1) The Exchange, through these rules has set up an end-to end and fully automated commodities market to enable the trading and settlement of commodity-based warehouse receipts such as, but not limited to, warehouse receipts.
(2) These rules set out the manner in which the Exchange shall also govern an efficient, orderly, fair, and transparent market for the trading of commodities and protect the integrity of the market, the functioning of the Central warehouse receipt registry, issuance of dematerialised warehouse receipts, the trading and settlement thereof and or the pledging of such warehouse receipts.