← belizelaw.ai · Sugar Industry, Cap. 283 · PART II — Establishment and Functions of the Sugar Industry Control,
Funds of the SCQCA
Cap. 283, s. 31 · Revised Edition 2020
(1) The funds of the SCQCA shall be made up of–
(a) such amounts as may be determined by the Board from time to time, to be contributed in each financial year by the manufacturers and the Association in a ratio of fifty per cent for cane farmers, and fifty per cent for manufacturers; and
(b) any other amounts approved by the Board which may be lawfully be donated,
bequeathed of payable to the SCQCA from any source whatsoever.
(2) For the purposes of meeting the share of their contribution to the funds of the SCQCA, it shall be lawful for the manufacturers and the Association to borrow such amounts,
on such terms and conditions as may be approved by the Board,
from any lawful source whatsoever, including borrowing from the Sugar (Industry Development) Fund.
Sugar Industry Act 33
(3) The expenses of the SCQCA shall be met from the funds Certain functions of SCQCA to be performed by the SCPC.
Amended by: 1 of 2015
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