The Protection of Plant Varieties and Farmers' Rights Act, 2001
61. Authority Fund.-
1. There
shall be constituted a fund to be called the Protection of Plant Varieties
Authority Account and there shall be credited thereto-
a. all grants and loans
made to the Authority by the Central Government under section 60;
b. all fees received by
the Authority and the Registrars except the annual fee determined on the basis
of benefit or royalty under sub-section (1) of section 35;
c. all sums received by
the Authority from such other sources as may be decided upon by the Central
Government.
1.
2. The
Protection of Plant Varieties Authority Account shall be applied for meeting-
a. the salaries,
allowances and other remuneration of the Chairperson, officers and other
employees of the Authority and allowances, if any, payable to the members;
b. the other expenses of
the Authority in connection with the discharge of its functions and for
purposes of this Act.