# The Spices Board Act, 1986, Section 21: Board Fund

- Act: The Spices Board Act, 1986 (Act 10 of 1986)
- In force from: 1987-02-26
- Ministry: Ministry of Commerce and Industry
- Source URL: https://indiacode.ecourtsindia.com/spices-board-act-1986/section/21/

## Text

(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.

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