The Crops (Coffee) (General) Regulations
38B. Coffee buyers Performance bond
38B. Coffee buyers Performance bond
The Authority shall demand a performance bond from a coffee buyer who demonstrates a level of risk in buyer’s operations including; sample purchases, payments against coffee purchases and settlement of trade obligations.Provided the value of such performance bond shall be commensurate to the level of risk demonstrated by a coffee buyer.[L.N. 102/2022, r. 19.]Source: Kenya Law