Section 16:
Constitution of Agricultural and Processed Food Products Export Development Fund.
(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.