Sri Lanka Consolidated Acts

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Tea Subsidy Act (No. 12 of 1958) - Sect 3

Payments into and out of the Fund. [ 3, 66 of 1961.1

3.
(1) There shall be paid into the Fund-
(a) the proceeds of the export duty levied under section 8;
(b) such sums as may from time to time be granted by Parliament or by resolution of the House of Representatives for the purposes of this Act;
(c) such sums as may from time to time be credited to the fund under paragraph (aa) of section 3 (2) of the Rubber Replanting Subsidy Act; and
(d) the proceeds of the sale of seed, cuttings, tea plants and fertilizers by the Tea Controller to proprietors of tea estates, tea small holdings, rubber estates and rubber small holdings.
(2) There shall be paid out of the Fund-
(a) such amounts as are authorized by regulation to be paid as subsidies under a scheme for subsidizing the replanting of tea estates and tea small holdings or a scheme for subsidising the rehabilitation of tea estates and tea small holdings;
(b) such amounts as are authorized by regulation to be paid as subsidies under a scheme for subsidizing the replanting of rubber estates and rubber small holdings;
(c) such amounts as are authorized by regulation to be paid under a scheme for subsidizing the marketing of green tea leaf of tea estates and tea small holdings or a scheme for subsidizing the manufacture of made tea from such green tea leaf;
(d) the expenses incurred in connection with the establishment by the Government of nurseries for the supply of high grade planting material to proprietors of tea estates, rubber estates, tea small holdings or rubber small holdings, or in connection with the supply of fertilizers to such proprietors;
(e) such remuneration as may be payable to members of the Tea Subsidy Advisory Board established under this Act;
(f) the prescribed contributions to any provident fund or scheme established for the payment of gratuities or such sums to the Consolidated Fund for the payment of pension to all or any of the officers and servants employed for the purposes of this Act and their dependants; and
(g) the expenses of the administration of this Act,

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