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Pig Production Development Fund. 3.(1) For the purposes of this Act there shall be established and maintained a fund to be called the Pig Production Development Fund (in this Act referred to as "the Development Fund") which shall be administered by the Ministry on behalf of the Committee. (2) The Ministry shall bear all expenses incurred by it in administering the Development Fund. (3) There shall be credited to and paid into the Development Fund all moneys received by the Ministry or the Committee under or for the purposes of any provision of this Act or any order made thereunder. (4) The Committee shall transmit to the Ministry for payment into the Development Fund all moneys received by the Committee in the exercise of their functions under this Act. (5) Where so authorised by the Committee the Ministry shall make payments out of the Development Fund to meet expenditure incurred or to be incurred by the Committee in carrying out any of their functions under this Act or any order made thereunder, but the Ministry may, without the authority of the Committee, make payments out of the Development Fund under section 8(2).
© 1964 Crown Copyright
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