s 15
(1) The Oil Registration "Palm named the Fund". Fundinto the be paid Federal There shall from the (2) made to the Authority Re- DAAT25 (a) any grant grants to the Consolidated Fund, other than seafehPHad; subsection (1) of under collected o r paid (b) all moneys made section 16; under the regulations collected (c) all moneys than fines; Act other under under this the Authority borrowed by moneys () all section 17; . 1 , S. 15-16} (e)all moneys carned or arising from any investment under section 18 or from any property, mortgages, charges or debentures acquired by or vested in the Authority; and ) all other moneys that may in any manner become payahle to or vested in the Authority in respect of any matter incidental to its duties or powers, excepiMONEYS cotleeted eF paid pursuant te s8- seetion (3}-of section 16. DAAH25 (3) The Fund may be applied for- (a) defraying such expenditure as andAuthority may exercising its incur in carrying out powers and its duties D/AATB5 (6) settling any moneys borrowed by the Authority section 17, and -AA 135 (e (c) under be kept a separate The Authority shall keep or cause to the (4) into the Fund from account in respect of moneys paid Federal Consolidated Fund. Ropeed et 318 the Minister, (5) The Authority shall, if so directec by a fund named the "Palm Oil Research and maintain establish or paid be naid all moneys collected donated Fund" into which shall paid or of section 16, all moneys under subsection (3) made to the Rescarch Fund and any grant expressly to the Consolidated Fund. Research Fund from the Federal for Research Fund shall be applied solely (6) The oil industry, programmes for the palm research work or to direct the Authority power of the Minister subject to the Research Fund or any part thereof to any to apply the or to disburse it to such or area of research particular aspect organisation as the Minister may specity. kept tobeResearch a separate (7) The Authority shall keep þr cause into the Fund of moneys paid account in respectConsolidated|Fund. from the Federal of the with the anproval Authority may, Minister ot S -OA 6 . (1) The 1palm consultation with the or ol palm produc Minister given after variation dprodu uct the imposition, sateh orders for kernel and the AASTLO rinance, make . on/palm-Ailand paln_ and of a cess rate of cess 4As) cancellation amount and the nature, orders may specify collection of the cess. the manner of Pt. I1, S. 16-20) PALM OI1 REGISTRATION AND LICENSING AUTHORITY INCORPORATION) (2) Orders made under this section may prescribe different amounts and rates of cess for different categories, standards or grades of patm eil and palm kerael oilpolm produc Subs MS caled by het 2/8 (3) The Authority may, with thé|approval of the Minister given after consultation with the Minister of Finance. make orders for the imposition, variathon or cancellation of a research cess on palm oil and palm kernel; and the orders may specify the nature, amount and rate of research cess and the manner of collection of thecess