BBX 1
(Paragraph 8 B.5(i))

Particulars of Break-bulk Agents appointed abroad by Air/ Sea Cargo consolidators in India for movement of consolidated air/sea cargo from India

Instructions:
1. A copy of this form should be submitted to the Office of Reserve Bank under whose
jurisdiction the Head / Registered office of the applicant firm / company is situated, through
authorised dealer with whom the agency arrangement is registered.
2. Parts A and C are to be filled up in case of fresh arrangements; Thereafter, the information
as in Part B may be submitted as at the end of every year within one month from the close
of the year alongwith the documents listed in item 5 below.
Documentation:
3. Certified copies (in duplicate) of agreements/correspondence exchanged with break- bulk
agents proposed to be appointed abroad.
4. Certificate of membership of *International Air Transport Association (IATA) and Air
Cargo Agents Association of India (ACAAI)/Sea Cargo Agents Association, if any in
original together with photocopies, held by the applicant.
5. Auditor's/Chartered Accountant's Certificate furnishing the following data pertaining to the
previous year Ä
(a) total freight amount collected from exporters against *air/sea cargo consolidated,
(b) total amount of freight paid to airlines/shipping companies against *air/sea cargo
consolidated,
(c) total remuneration paid/payable to break-bulk agents abroad.
PART A
1. Name and address of the Head/Principal Office of the
applicant Cargo Agent
2. IATA Code Number of the applicant (for air cargo agents
only)
3. Whether the applicant is a member of the *Air/ Sea Cargo
Agents Association of India
4. Name of the company in whose name the *House Air way
Bill/Bill of Lading will be issued (copy to be enclosed)
5. Location in India where *air/sea cargo will be consolidated
(any new location added after the application should be
advised separately to the Reserve Bank)
6. (a) Names and addresses of break-bulk agents proposed to
be appointed abroad (indicating their IATA Code
Numbers in case of air cargo consolidation) If space is
not sufficient, a separate list may be attached
(a)
(b) Term of Remuneration payable to the break-bulk
agents/profit sharing ratio
(b)
7. Nature of services to be rendered by the break-bulk agents
abroad
8. Name and address of the authorised dealer through whom the
remittance to agents abroad will be made
PART B
9. Total freight amount collected from exporters against cargo
consolidated during the previous year
10. Total freight amount paid to airlines/shipping companies
against air/sea cargo consolidated during the previous year
11. Total freight difference earned by the cargo agents against
cargo consolidated during the previous year (9-10)
12. Total remuneration paid/payable to break-bulk agents
during the previous year
PART C
DECLARATION
We hereby confirm that:
(a) The particulars etc. given above are true and correct to the best of our knowledge and
belief.
(b) No application for release of exchange has been or will be made to any other authorised
dealer in respect of the appointment of break-bulk agents by us.
(c) All the expenses/remuneration payable to the break-bulk agents will be borne by the
applicant firm/company.
(d) We shall abide by the code of conduct framed by the *Air Cargo Agents Association of
India (ACCAI) or Sea Cargo Agents Association and undertake to abide strictly by the
terms and conditions prescribed by the Reserve Bank if this application is approved.
Place : ………………... ………………………………...
Stamp
(Signature of Authorised Official)
Date : ………………… Name: ……………………………………
Designation: ……………………………..
(Signature on behalf of a firm should be that of the senior partner/proprietor and of an
authorised official in case of a company)
* Strike out whichever is not applicable.