Marketing of Agricultural Products Act, 1996 (Act No. 47 of 1996)

Notices

Establishment of Statutory Measure: Levies relating to Pecan Nuts and Pecan Nut Products

9. Conditions of approval

Purchase cart Previous page Return to chapter overview Next page

 

This statutory measure is subject to the following conditions:

 

(a) That 70% of levy income be spent on research, information and other functions, at least 20% on transformation (development of emerging farmers), and not more than 10% on administration;
(b) That levies be accounted for, in a manner and to the extent acceptable to the Auditor-General, separately from any other funds or assets under the control of SAPPA; and
(c) That after the lapsing of the levy, any surplus funds be utilised subject to the approval of the Minister.