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21. Board Fund.-

(1) There shall be constituted a fund to be called the Spices Board Fund and there shall be credited thereto-

(a) any grants and loans made to the Board by the Central Government under section 20;

(b) all fees levied and collected in respect of certificates granted under this Act; and (c) all sums received by the Board from such other sources as may be decided upon by the Central Government.

(2) The Fund shall be applied for meeting-

(a) salary, allowances and other remuneration of the members, officers and other employees of the Board;

(b) expenses of the Board in the discharge of its functions under section 7; and

(c) expenses on objects and for purposes authorised by this Act.

Spices Board Act, 1986 Back

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