5-B

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:‑ 5B. Committee to be a corporate body------( Ss. SA, 5B and 5C ins. ibid. s. 8.)The Committee shall be a body corporate by the name of the Pakistan Food and Agriculture Committee, having perpetual succession and a common seal with powers to acquire and hold property both moveable and immoveable, and to contract, and shall by the said name sue and be sued.