Контракти

Following careful consideration at Gafta’s International Contracts Committee, Gafta Council has approved the following changes to Contracts 18, 23, 38, 39, 47, 49, 64, 79A, 82, 89, 115, 118, 119, 120, 202, 81, 78UA, 131 and 124 Sampling Rules. The contracts have been amended to remove ambiguity around “Delivery” and “Shipment”. Gafta contracts 81 and 78UA have had amendments for typos and consistencies with other contracts. The changes will become effective for contracts entered into on or after 01 October 2024. The revised Contracts can be found on the Gafta website.

Biomass clause – Contact 202 (Clause 1)
‘GOODS’ added to heading as part of contract consistency

Quantity Clause – Contract 64 , 79A , 119 (all at Clause 2)
‘of goods’ deleted as part of contract consistency
‘delivery’ from ‘shipment’ to remove ambiguity

Price clause – Contract 18 and 38 (both at clause 3)
Heading amended to ‘PRICE’ from ‘PRICE AND DESTINATION’

Brokerage clause – Contract 23, 38, 39 , 47 , 49 , 64 , 79A , 82 , 115 , 118 , 119 , 120 , 202 (all at Clause 4)
‘delivery’ has been amended to ‘Performance’ or ‘period for presentation of the vessel’ to remove ambiguity.

Period of delivery clause – Contract 18 (clause 6), 23 (clause 7), 38 (clause 6), 39 (clause 6), 47 (clause 6), 49 (clause 6), 64 (clause 6), 79A (clause 7), 82 (clause 6), 118 (clause 7), 119 (clause 6), 120 (clause 6), 202 (clause 6)
Heading amended to ‘PERIOD FOR PRESENTATION OF THE VESSEL Presentation of the vessel during’ from ‘PERIOD OF DELIVERY Delivery during’
‘delivery’ has been amended to ‘presentation of the vessel’ to remove ambiguity.

Extension clause – Contract 18 (clause 7), 23 (clause 10), 38 (clause 9), 39 (clause 9), 47 (clause 8), 49 (clause 8),  64 (clause 8), 79A (clause 8), 82 (clause 8), 115 (clause 9), 118 (clause 10), 119 (clause 9), 120 (clause 7), 202 (clause 10)
Heading amended to ‘EXTENSION OF PERIOD FOR PRESENTATION OF THE VESSEL’ from ‘EXTENSION OF DELIVERY’
‘delivery’ has been amended to ‘presentation of the vessel’ to remove ambiguity.

Duties, Taxes, Levies, Etc. Clause – Contract 18 (clause 10), 23 (clause 13), 82 (clause 11), 119 (clause 12), 120 (clause 14), 202 (clause 13)
‘Shipment’ has been amended to ‘loading’

Prevention of Delivery clause – Contract 18 (clause 16), 23 (clause 18), 38 (clause 17), 39 (clause 17), 47 (clause 14), 49 (clause 13), 64 (clause 17), 79A (clause 18), 82 (clause 17), 115 (clause 17), 118 (clause 18), 119 (clause 17), 120 (clause 19), 202 (clause 18)
Heading amended to ‘PREVENTION OF PERFORMANCE’.
‘delivery’ has been amended to ‘presentation of the vessel’ or ‘presentation’ to remove ambiguity.

Carrying charges clause – Contract 39 (clause 10)
‘contract delivery’ removed and ‘presentation of the vessel’ added to remove ambiguity.

Non-business days clause – Contract 18 (clause 18), 23 (clause 21), 49 (clause 15), 64 (clause 19),

79A (clause 21), 82 (clause 19), 115 (clause 19), 118 (clause 21), 119 (clause 20), 120 (clause 22), 202 (clause 21)
‘delivery’ has been amended to ‘presentation of the vessel’ or ‘presentation’ to remove ambiguity.

Circle clause – Contract 18 (clause 20), 23 (clause 19), 38 (clause 22), 39 (clause 22), 47 (clause 21), 49 (clause 20), 64 (clause 21), 79A (clause 19), 118 (clause 19), 119 (clause 18), 120 (clause 20), 202 (clause 19)
‘delivery’ has been amended to ‘presentation of the vessel’ or ‘performance’ to remove ambiguity.

Contract 78UA
(d) and (e) payment clause alphabetical order corrected.

Contract 81
Full insurance clause added for consistencies with other CIF contracts.

Contract 131
Optional clauses 1-4 removed and a ‘general applicable’ standing-in clause added.

124 Sampling Rules
Standing-in provisions clause amended by removing 10. Standing-in Provisions for Sampling of Feedingstuffs & 11. Referee Analysts’ Addresses’ and replacing with 10. Feedingstuffs sold on a contract including the standing-in provisions.

Contracts to be retired
The following contracts are being retired from use: 97, 98, 100A.