← belizelaw.ai · Sugar Industry, Cap. 283 · PART IV — Establishment and Purpose of the Sugar (Industry
Allocation to special funds of amounts paid under section 67
Cap. 283, s. 68 · Revised Edition 2020
(1) The Board shall, subject to section 69, allocate the amount paid to it under section 67, to the credit of the special funds specified in section 66, in the following proportions–
(a) to the Sugar (Industry Development) Fund, at 92.5%; and
(b) to the Sugar (Labour Welfare) Fund, at 7.5%.
(2) The Sugar (Industry Development) Fund shall also be credited with the monies hithertofore credited to the accounts of the Sugar (Rehabilitation) Fund and the Sugar (Stabilisation) Fund, and any other monies from any lawful source whatsoever approved by the Board from time to time.
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