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Section 3

of Palm Oil Research and Development Act 1979

ActIn forceProvision 3 of 17

Section 3

(1)

There shall be established in this Act a body corporate called the Palm Oil Research and Development Board, which shall have perpetual succession and a common seal and power to acquire and hold, dispose of or otherwise deal with any movable and immovable property and which may sue or be sued in its corporate name.

(2)

The Board shall consist of the following members who shall be appointed by the Minister:

(i)

a chairman;

(ii)

a representative of the Ministry responsible for the oil palm industry;

(iii)

a representative of the Treasury;

(iv)

a representative of the Federal Land Development Authority;

(v)

three representatives from oil palm producers and one representative from palm oil refiners;

(vi)

a representative of Palm Oil Registration and Licensing Authority; and

(vii)

such other persons, not being more than three in number, to represent other interests of the oil palm industry or the Government.

(3)

The Director-General shall be a member of the Board.

(4)

The members shall be appointed from among persons whom the Minister considers qualified and experienced in matters relating to science, technology, marketing, finance or administration in the oil palm industry.

(5)

The Board shall exercise its functions and perform its duties in accordance with the Schedule.