Section 5

to conduct and promote research into the production, extraction, processing, storage, transportation marketing, consumption and uses of palm oil and oil palm products;

to secure, where the public interest or the interest of the oil palm industry so requires, the development and exploitation of any result of research, as to which it appears to the Board that it is not being developed and exploited or sufficiently developed or exploited;

to acquire, hold, dispose of or grant rights in connection with the result of any research conducted by the Board or, where the public interest or the interest of the oil palm and palm oil industries so requires, in connection with the result of any research undertaken by any person or organisation;

to control and coordinate the activities and policies of all research and development organisations financed wholly or mainly from the Fund;

to ensure that it is kept fully informed on the relevant activities and policies of all research and development organisations financed partly by the Fund;

to collect, collate and disseminate information relating to oil palm, palm oil, oil palm products and other vegetable and animal oils and fats, and to promote the use of palm oil and oil palm products in competition with other materials or as complementary thereto;

to coordinate activities within and outside the Federation relating to research, development, publicity and other matters affecting the oil palm and palm oil industries;

to keep the Minister fully informed on all matters relating to research into and the development of oil palm and the palm oil industries; and

to exercise such other functions as the Minister may, from time to time, direct.

The Board may do all things reasonably necessary for, or expedient or incidental to, the exercise of its functions, in particular but without prejudice to the generality of this section—