# The Agricultural Marketing (Northern Ireland) Order 1982, Article 39: Schemes to provide for establishment of a fund, investment, accounting, etc.


Every scheme shall provide—
(a) for the establishment of a fund (in this Article referred to as “the fund”) to be administered and controlled by the board, for the payment into the fund of all moneys received by the board, and for the payment out of the fund of any moneys required by the board for the operation of the scheme or otherwise for the purposes of this Part;
(b) for the distribution, in such manner as may be provided by the scheme, of all moneys standing to the credit of the fund which are not required for the operation of the scheme or otherwise for the purposes of this Part;
(c) for the manner in which the moneys of the board may be invested;
(d) for the accounts to be kept by the board and for the audit of those accounts;
(e) for the furnishing by the board to the Department and to enrolled producers of accounts, returns and other information, including (without prejudice to the generality of the foregoing)—
(i) an annual balance sheet and either an annual profit and loss account or, in the case of a board which does not trade for profit, an annual income and expenditure account;
(ii) an annual statement in accordance with Schedule 3;
(iii) a statement of the manner in which any moneys of the board are invested;
(f) for the furnishing by the board, on payment of such reasonable fee (if any) as the board may determine, of a copy of the balance sheet of the board to any person requiring it.

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Source: https://www.legislation.gov.uk/nisi/1982/1080/article/39 (the official version)
Page: https://openlegislation.uk/agricultural-marketing-northern-ireland-order-1982/article-39
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.