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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

 

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.