14. The Fund

For the purposes of this Act there shall be established the

Malaysian Agricultural Research and Development Fund (hereinafter referred to as the “Fund”) to be administered by the Board in accordance with the provisions of this Act—

into which shall be paid any special cesses which may be imposed or collected in accordance with section 20;

into which shall be paid any grants made to the

into which shall be paid any moneys from any sources, contributions, endowments, gifts or bequests as may be made to or in favour of the Institute;

from which shall be defrayed all expenditure relating to the administration of the Institute, the Board and the

from which shall be defrayed any expenditure incurred in providing for the welfare of the officers and servants of the Institute with the approval of the Minister.