Section 9. Funds of the Board

1[ 9. Funds of the Board .—(1) The Indian Rubber Production Board constituted under the Rubber Control and Production Order, 1946, is hereby dissolved, and all funds and other property vested in, and all liabilities of, that Board shall respectively vest in, and be liabilities of, the Board constituted under this Act. 2[(2) The Board shall maintain two funds, a general fund and a pool fund.] [3] [ 9A. General fund .—(1) To the general fund shall be credited— (a) all sums forming the funds of the Board immediately before the commencement of the Rubber (Production and Marketing) Amendment Act, 1954 (54 of 1954); (b) all amounts paid to the Board by the Central Government under sub-section (7) of section 12. (2) The general fund shall be applied— (a) to meet the expenses of the Board; (b) to meet the costs of the measures referred to in section 8; (c) to meet the expenditure incurred in the performance of its functions under this Act or under rules made thereunder; and (d) for making such grants to rubber estates or for meeting the cost of such other assistance to rubber estates as the Board may think necessary for the development of such estates.