(1) There shall be formed a Fund to be called the Agricultural and Processed Food Products Export Development Fund and there shall be credited thereto--
(a) any sums of money which the Central Government may, after due appropriation made by Parliament by law in this behalf, provide from and out of the proceeds of the cess credited under section 4 of the Agricultural and Processed Food Products Export Cess Act, 1985, after deducting therefrom the expenses of collection of the cess and the amount, if any, refunded;
(b) all fees levied and collected in respect of registration and other matters under this Act or the rules made thereunder;
(c) any grants or loans that may be made by the Central Government for the purposes of this Act under section 15; and
(d) any grants or loans that may be made by any State Government, voluntary organisation or other institution for the purposes of this Act:
Provided that no such grant, loan or donation shall be credited to the Fund except with the prior approval of the Central Government.
(2) The Fund shall be applied for--
(a) meeting the cost of the measures referred to in section 10;
(b) meeting the salaries, allowances and other remuneration of the members, officers and other employees, as the case may be, of the Authority;
(c) meeting the other administrative expenses of the Authority and any other expenses authorised by or under this Act; and
(d) repayment of any loan.
(a) any sums of money which the Central Government may, after due appropriation made by Parliament by law in this behalf, provide from and out of the proceeds of the cess credited under section 4 of the Agricultural and Processed Food Products Export Cess Act, 1985, after deducting therefrom the expenses of collection of the cess and the amount, if any, refunded;
(b) all fees levied and collected in respect of registration and other matters under this Act or the rules made thereunder;
(c) any grants or loans that may be made by the Central Government for the purposes of this Act under section 15; and
(d) any grants or loans that may be made by any State Government, voluntary organisation or other institution for the purposes of this Act:
Provided that no such grant, loan or donation shall be credited to the Fund except with the prior approval of the Central Government.
(2) The Fund shall be applied for--
(a) meeting the cost of the measures referred to in section 10;
(b) meeting the salaries, allowances and other remuneration of the members, officers and other employees, as the case may be, of the Authority;
(c) meeting the other administrative expenses of the Authority and any other expenses authorised by or under this Act; and
(d) repayment of any loan.
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More sections of this act
Section 1 · Short title, extent and commencement.Section 2 · Definitions.Section 3 · Power to amend Schedule.Section 4 · Establishment and constitution of the Authority.Section 5 · Salary and Allowances and other conditions of service of Chairman and allowances of members.Section 6 · Chairman to be chief executive.Section 7 · Secretary of the Authority and other staff.Section 8 · Special provision for transfer of employees to the Authority.India Code, Government of India. Text fetched 13 Oct 2026. Source metadata reports last modification: 2020-04-06. Check the linked official text and subsequent notifications when applying a provision.