Expenses of the Board

(1) The expenses of the Board shall be met out of funds to be provided as to one half by the Association and as to the other half by the processors, to be provided in such proportions as the processors shall agree between themselves or, in default of agreement, in such proportions as the Minister shall decide. (2) The Board shall, on or before 31st May in each year, submit to every processor and to the Association estimates of the expenditure of the Board for the year commencing on 1st July next ensuing, and if the estimates are agreed to, the processors and the Association shall deposit with the Board one half of their respective shares of such estimated expenditure on or before 30th June next following the receipt of such estimates of expenditure, and the other half of their respective shares on or before 31st December next following. (3) If the Board and the processors and the Association cannot agree to the estimates of expenditure within twenty-one days, the estimates shall be referred to the Minister whose decision thereon shall be final and binding upon the Board, the processors and the Association. (4) Where the Minister has decided the estimates of expenditure the Association and the processors shall pay to the Board the first half of their respective shares within twenty- eight days of such decision.