(1) There shall be formed a Fund to be called the Tobacco Fund and there shall be credited thereto—
- the fees levied and collected under this Act or the rules made thereunder;
- any sums of money paid or any loans granted by the Central Government for the purposes of this Act;
- any grants or loans that may be made by any person for the purposes of this Act;
- the sums, if any, realised by the Board in carrying out the measures referred to in section 8.
(2) The Fund shall be applied—
- for meeting the cost of the measures referred to in section 8;
- for meeting the salaries, allowances and other remuneration of the officers and other employees of the Board;
- for meeting the other administrative expenses of the Board;
- for repayment of any loans.