1. LEGAL FRAMEWORK FOR WAREHOUSE RECEIPT FINANCING
FAO Development Law Service, June 2012
LEGAL FRAMEWORK FOR WAREHOUSE RECEIPT FINANCING

2. Overview 1. Purpose and methodology of the legal study
2. Key pillars of warehouse receipt legislation
FAO Legal Office

3. Country legislation reviewed/under review
Country review
Examples:
Andean community decision for the prevention and control of foot and mouth disease
Animal health legislation in Cape Verde
ECOWAS regional regulation etc…
Country legislation reviewed/under review

4. Key pillars to be covered
Receipt Format: Single and Double Receipts System
Receipt Details
Trading
Recording/Registration of Receipts
FAO Legal Office

5. Key pillars to be covered
Separate Guarantees
Regulation of Warehouse Organization and Operation
Settlement and Release of Stored Goods
Execution and Priority of Obligations
Penalties
FAO Legal Office

6. Philine Wehling – Philine.Wehling@fao.org FAO Development Law Service
Thank you
Philine Wehling –
FAO Development Law Service
FAO Legal Office