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(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.
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