Section 19: Charges to General Fund
consolidated text (as amended). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
19. Charges to General Fund
(1) The Board may, in the discharge of its functions and in accordance
with the terms and conditions upon which its funds may have been obtained,
given or derived, charge to the General Fund all remuneration, allowances,
salaries, fees, pensions, gratuities, working expenses and all other charges
properly arising, including any necessary capital expenditure.
[Issue 1] R33 – 4
(2) The Board may pay to Government such sum as it thinks fit out of the
profits of the Rose Belle Sugar Estate, and any such payment shall, for the
purposes of the Income Tax Act, be deemed to be an allowable deduction.