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THE AGRICULTURAL PRODUCE CESS ACT, 1940 THE AGRICULTURAL PRODUCE CESS ACT, 1940 ACT No. XXVII OF 1940 [15th April, 1940] [An Act to provide for setting up and financing a Committee for promoting scientific, technological, social and economic research and education relating to food, agriculture, animal husbandry and fisheries.] ( Subs. by the Agricultural Produce Cess (Amdt.) Act, 1950 (12 of 1950), s. 2, for the original long title.) [WHEREAS it is expedient to provide for setting up and finan cing a Committee for promoting scientific, technological, social and economic research and education relating to food, agriculture, animal husbandry and fisheries;] (Subs. ibid., s. 3, for the original preamble.) It is hereby enacted as follows:‑ 7. [Standing Finance Committee. Reserve fund. Power of Central Government to make rules.] Omitted by the Agricultural Produce Cess (Amendment) Act, 1950 (XII of 1950), s. II.