This Act requires a Sugar Industry Price Stabilisation Fund, a Sugar Industry Price Rehabilitation Fund and a Sugar Industry Labour Welfare Fund to be established by the Secretary of Treasury who shall act as trustee of those funds. Levies shall be collected on the export of sugar for the benefit of the funds. The Sugar Industry Price Stabilisation Fund and the Sugar Industry Price Rehabilitation Fund shall be managed by a Committee as defined in section 8. The Sugar Industry Labour Welfare Fund by a committee that shall be a body corporate. The Committees may make Regulations concerning the basis and disbursements of the funds under their control (sect. 9).
غيانا · 1947-01-01