ARRANGEMENT OF SECTIONS
1 Short title
3 Establishment of Funds
4 Exporter to pay part of proceeds of sale of sugar to Government of Jamaica
5 Statutory deductions
6 Disposal of moneys
7 Power of Minister to transfer moneys from one Fund to another
8 [Deleted by Act 28 of 2003 s 2.]
11 Functions may be performed by other Minister
THE SUGAR (RESERVE FUNDS) ACT
[Date of Commencement: 1st January, 1947]
32 of 1953,
45 of 1954.
30 of 1963,
42 of 1969,
28 of 2003.
This Act may be cited as the Sugar (Reserve Funds) Act.
In this Act unless the context otherwise requires-
"crop year" means the period of twelve months commencing on the 1st of December in each year and ending on the 30th of November in the succeeding year:
[32/1953 s 2.]
"exporter" means any person who is the holder of an export licence under the Sugar Industry Control Law;
"the Minister" means the Minister responsible for the Sugar Industry.
[30/1963 s 2(b).]
(1) There are hereby created a Sugar Price Stabilization Fund, a Sugar Industry Capital Rehabilitation Fund and a Sugar Industry Labour Welfare Fund.
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