Contents of Section

Chapter:

277 PDFTitle:AGRICULTURAL PRODUCTS (MARKETING) ORDINANCEGazette Number:
Section:9AHeading:Establishment and vesting of fundVersion Date:30/06/1997

(1) There is hereby established a trust fund, to be known as the Agricultural Products Scholarship Fund, which is vested in the Director as trustee.
(2) The trustee shall hold the fund upon the trusts and subject to the provisions contained in this section and sections 9B, 9C, 9D and 9E.
(3) The fund shall consist of-

        (a) the sum of $1000000 which shall be appropriated for that purpose by the Director from moneys received by him under this Ordinance; and
        (b) such further moneys and assets as may be-
          (i) donated, subscribed or bequeathed to, and accepted by the trustee; or
          (ii) otherwise acquired by the trustee.
(Added 13 of 1978 s.5)