s 10
Open ↗(1) There shall be established and maintained a fund to be known as the Palm Oil Research Fund which shall be administered by the Board. (2) The following shall be paid into the Fund: (a) any grant made to the Board by the Federal or any State Government; (b) all monies collected under section 14; (c) all monies borrowed by the Board under section 11; (d) all monies earned or arising from any investment under section 12 or from any properties, mortgages, charges or debentures; and (e) monies received from other sources. (3) The Fund shall be applied for defraying the following: (a) expenses incurred by the Board in administering the Fund and in exercising its functions under this Act; (b) expenses for research and development concerned vith the production, extraction, processing, storage galm oit anid oll palm pro consumption and uses of [Pt. IV-V, S. 10-14] PALM OIL RESBARCH AND DEVELOPMENT (c) the dissemination of information and publicity aimed at stimulating increase or improvement in the production, marketing and consumption of palm oil and oil palm products; (d) the provision of funds to the Institute and to any (e) contributions to international bodies of which the Federation is a participating country dealing witl the supply and demand of palm oil and oil paln oroducts or with research upon or the development of palm oil and oil palm products; and (f) repayment of monies borrowed by the Board under section 11.