Sugar Industry (Rehabilitation Fund) Regulations (Cap. 64:04)

L.R.O. LAWS OF TRINIDAD AND TOBAGO Sugar Industry Special Funds Chap. 64:04 17 [Subsidiary] SUGAR INDUSTRY (REHABILITATION FUND) REGULATIONS ARRANGEMENT OF REGULATIONS REGULATION 1. Citation. 2. Interpretation. 3. Registration of exporters. 4. Notification. 5. Duties of Secretary. 6. Books of Account, etc. 7. Register of claims. 8. Report. 9. Annual reports, etc. 10. Inspection. 11. Allocation of interest. 12. Reimbursement, etc. 13. Powers of the Committee with regard to claims. 14. Power to enter and inspect factories in respect of which claims have been made. 15. Method of payment of disbursements and claims. MINISTRY OF THE ATTORNEY GENERAL AND LEGAL AFFAIRS www.legalaffairs.gov.tt UNOFFICIAL VERSION UPDATED TO 31ST DECEMBER 2016 LAWS OF TRINIDAD AND TOBAGO 18 Chap. 64:04 Sugar Industry Special Funds [Subsidiary] SUGAR INDUSTRY (REHABILITATION FUND) REGULATIONS made under section 10(1) 1. These Regulations may be cited as the Sugar Industry (Rehabilitation Fund) Regulations. 2. In these Regulations— “the Committee” means the Committee appointed under section 8(2) of the Act to control and administer the Fund; “exporter” means any person operating a factory in Trinidad and Tobago and manufacturing sugar for export; “the Fund” means the Sugar Industry Rehabilitation Fund established under the Act; “rehabilitation” means replacements, improvements or additions to existing plant and machinery in a factory and to factory transport, with the object of increasing efficiency in production, but does not include normal maintenance; “the Secretary” means the person appointed to discharge the duties of Secretary to the Committee under regulation 11 of the Sugar Industry (Rehabilitation Committee) Regulations. 3. The Secretary shall keep a register of exporters. 4. Every registered exporter shall notify the Committee in writing whenever any factory belonging to him changes ownership or ceases to manufacture sugar for export and the Committee may allocate the portion of the Fund which relates to such exporter and such factory among the other registered exporters in such proportions as they may consider fit. 5. The Secretary shall keep a register showing— (a) the quantity of sugar exported from time to time by each exporter; (b) the amount of the levy to be allocated to the Fund in respect of each exporter in accordance with section 6 (b) of the Act; (c) the date when payment of the levy is made. 158/1949. [173/1951]. Citation. Interpretation. Registration of exporters. Notification. [173/1951]. Duties of Secretary. MINISTRY OF THE ATTORNEY GENERAL AND LEGAL AFFAIRS www.legalaffairs.gov.tt UNOFFICIAL VERSION UPDATED TO 31ST DECEMBER 2016 L.R.O. LAWS OF TRINIDAD AND TOBAGO Sugar Industry Special Funds Chap. 64:04 19 [Subsidiary]Sugar Industry (Rehabilitation Fund) Regulations Books of Account, etc. Register of claims. Report. Annual reports, etc. Inspection. Allocation of interest. Reimbursement, etc. 6. The Secretary shall keep such books of account and registers as are necessary to render detailed accounts in respect of such portions of the Fund as relate to each exporter. 7. The Secretary shall keep a register of all claims made upon the Fund as hereinafter provided, and shall record therein the decisions of the Committee in respect of every such claim. 8. The Secretary shall, as soon as possible after the thirty first day of December of each year, prepare and lay before the Committee preparatory to submission to the Minister a report upon the administration of the Fund during the preceding year, together with a Balance Sheet and Statement of Revenue and Expenditure. 9. Copies of the annual reports and statements shall be forwarded by the Secretary to each registered exporter. 10. All books of account, registers, and documents relating to the Fund shall be at all times open to inspection by any member of the Committee. 11. Any interest earned on any moneys invested or deposited by the Comptroller of Accounts under the provisions of the Act shall be allocated once in every year to such portions of the Fund relating to the various exporters in such proportions as the Committee may deem fit. 12. (1) Any registered exporter may claim to be reimbursed from the Fund for any work of rehabilitation carried out by him, or to be advanced any sum of money to defray the cost of any work of rehabilitation contemplated by him. (2) Any registered exporter making any claims as aforesaid shall declare in writing to the Committee— (a) the amount claimed; (b) the nature of the work of rehabilitation already carried out or in process of being carried out or contemplated; and (c) the actual or estimated cost as the case may be. MINISTRY OF THE ATTORNEY GENERAL AND LEGAL AFFAIRS www.legalaffairs.gov.tt UNOFFICIAL VERSION UPDATED TO 31ST DECEMBER 2016 LAWS OF TRINIDAD AND TOBAGO 20 Chap. 64:04 Sugar Industry Special Funds [Subsidiary] Sugar Industry (Rehabilitation Fund) Regulations (3) Every claim for reimbursement shall be accompanied by a certified statement as to the amount expended, and that such sum was utilised solely on the work mentioned in the claim. 13. The Committee may in their discretion grant or refuse any claim made under regulation 12 or may authorise the payment of any smaller sum. 14. The Committee, or any person appointed by the Committee may, upon due notice being given, enter and inspect any factory in respect of which a claim has been made on the Fund. 15. All disbursements and payments shall be made by the Comptroller of Accounts upon presentation of the relevant voucher, duly certified by the Chairman of the Committee and the Secretary. Powers of the Committee with regard to claims. Power to enter and inspect factories in respect of which claims have been made. Method of payment of disbursements and claims. MINISTRY OF THE ATTORNEY GENERAL AND LEGAL AFFAIRS www.legalaffairs.gov.tt UNOFFICIAL VERSION UPDATED TO 31ST DECEMBER 2016