Sugar (Special Funds) Act.

For the purposes of this Act there shall be established the following special funds: (a) a Sugar Price Stabilization Fund; (b) a Sugar Rehabilitation Fund; and (c) a Sugar Labour Welfare Fund. Every exporter who either exports any sugar applies pursuant to any sale or agreement to sell or with a view to sale, or sells any sugar to which this section applies for export, shall pay to the Financial Secretary an amount which shall be levied at the rate of eleven dollars in respect of every ton of sugar so exported, sold for export. The Financial Secretary shall allocate the amounts paid to him credit to the special funds in specified proportions.