CHAPTER 401
AGRICULTURAL INPUTS TRUST FUND ACT

[PRINCIPAL LEGISLATION]

ARRANGEMENT OF SECTIONS

   Section

Title

   1.   Short title.

   2.   Interpretation.

   3.   Establishment of Fund.

   4.   Objects of the Fund.

   5.   Financial sources of Fund.

   6.   Establishment of Board of Trustees.

   7.   Composition of the Board.

   8.   Functions of the Board.

   9.   Management team and Executive Director.

   10.   Financial year of the Fund.

   11.   Accounts and audit.

   12.   Fund exempted from taxes.

   13.   Regulations.

SCHEDULE

CHAPTER 401
THE AGRICULTURAL INPUTS TRUST FUND ACT

An Act to provide for the establishment of the Agricultural Inputs Trust Fund, the management of such Fund and for related matters.

[1st January, 1998]
[G.N. No. 783 of 1997]

Act No. 9 of 1994

1.   Short title

   This Act may be cited as the Agricultural Inputs Trust Fund Act.

2.   Interpretation

   In this Act, unless the context otherwise requires–

   "agricultural inputs" includes agricultural fertilizers, certified seeds, agrochemicals, drugs and chemicals for livestock, and gears necessary for the application of such drugs, chemicals and agro-chemicals and farm implements suitable for small holder farmers;

   "Bank" means the bank designated by the Board to operate an account for the Fund;

   "Board" means the Board of Trustees of the Fund established by section 6 of this Act;

   "Fund" means the Agricultural Inputs Trust Fund established under section 3;

   "Minister" means the Minister responsible for agriculture.

3.   Establishment of Fund

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