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Union of India - Section

Section 21 in The Spices Board Act, 1986

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.