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Section 4: Objects of Trust

Sugar Industry Efficiency Act · PART II: DEMOCRATISATION OF OWNERSHIP IN SUGAR INDUSTRY

consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

4. Objects of Trust (1) The objects of the Trust shall be to invest, directly or through a body controlled by it— (a) in sugar cane growing activities; (b) in sugar milling activities; (c) in activities relating to the use of sugar cane by-products; and (d) in such other activities specified in Part I of the Second Schedule. (2) The Board of Directors may, with the approval of the Minister, make such rules as it deems fit for the attainment of its objects and the conduct of its business.

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