Cap. 13 Art. 78BMinimum periods of notice for termination of agency contract.

(1) Where an agency contract is concluded for an indefinite period either party may terminate it by notice.

(2) The period of notice shall be -

(a) one month for in first year of the contract;

(b) two months after the commencement of the second year but before the commencement of the third year;

(c) three months after the commencement of the third year;

and the parties may not agree on any shorter periods of notice.

(3) The parties may agree on longer periods than those laid down in sub-article (2), provided that the period of notice to be given by the principal may not be shorter than that to be given by the commercial agent.

(4) Unless otherwise agreed by the parties, the end of the period of notice must coincide with the end of a calendar month.

(5) The provisions of this article shall also apply to an agency contract for a fixed period which in virtue of article 78A is converted into an agency contract for an indefinite period and for the purposes of calculating the period of notice the term of the fixed period contract shall be deemed to be part of the agency contract for an indefinite period.