Section 21 of The Spices Board Act, 1986 in hindi
- (1)There shall be constituted a fund to be called the Spices Board Fund and there shall be credited thereto--
- (a)any grants and loans made to the Board by the Central Government under section 20;
- (b)all fees levied and collected in respect of certificates granted under this Act; and
- (c)all sums received by the Board from such other sources as may be decided upon by the Central Government.
- (2)The Fund shall be applied for meeting--
- (a)salary, allowances and other remuneration of the members, officers and other employees of the Board;
- (b)expenses of the Board in the discharge of its functions under section 7; and
- (c)expenses on objects and for purposes authorised by this Act.
Summary
- A dedicated fund named the Spices Board Fund must be set up to manage all of the Board's finances.
- Money coming into this Fund includes grants and loans from the Central Government (under Section 20), all fees collected for issuing export certificates, and any other money received from sources approved by the Central Government.
- The money in the Fund can only be spent on three specific areas: paying salaries, allowances, and other remuneration to Board members, officers, and employees; paying for the Board's official duties and export promotion functions under Section 7; and paying for other purposes authorized by this Act.
Practical examples
FAQ
1. What are the main sources of money that go into the Spices Board Fund?
The fund gets its money from Central Government grants and loans under Section 20, export certificate fees, and any other sources approved by the Central Government.
2. What can the Spices Board spend the money in the Fund on?
The Fund can be spent on salaries and allowances for Board members and staff, expenses for carrying out functions under Section 7 (such as export development and quality control), and other approved activities under the Act.
3. Can the Spices Board use the Fund to pay salaries of state-level cardamom estate registering officers?
No, the Fund is applied to meet the salaries, allowances, and remuneration of the members, officers, and employees of the Spices Board itself, not state government officers.
4. Can the Board accept money from other sources besides the government and export certificate fees?
Yes, the Fund can receive sums from other sources, but only if they are decided upon or approved by the Central Government.
Test yourself
Q1.Under Section 21 of The Spices Board Act, 1986, which of the following is NOT legally required to be credited directly to the Spices Board Fund?
Q2.Under Section 21 of The Spices Board Act, 1986, for which of the following purposes can the Spices Board Fund be legally applied?
Q3.Under Section 21 of The Spices Board Act, 1986, how do the export certificates granted under Section 12 of the Act financially support the Board's activities?
Q4.Under Section 21 of The Spices Board Act, 1986, which other provision of the Act defines the promotional and regulatory functions for which the Board Fund's expenses can be applied?
Q5.Under Section 21 of The Spices Board Act, 1986, can the Board accept funding from private corporate sponsors or international donor agencies?