Section 16Sec./Art. 16

Funds of the Council.- There is hereby created a special in the general fund to be known as the Seed Fund which shall be obtained from the following sources:

a. Five million pesos (P5,000,000.00) to be appropriated out of any funds in the National Treasury not otherwise appropriated;

b. the existing Seed Fund;

c. revenues from the sale of certified seeds and plant materials, including but not limited to the income derived from the products of research stations and seed farms, seed processing and testing fees, field inspection fees, seed export and import fees, license fees, fees for the issuance of permits to seed growers/producers, fines collected for violations of this Act; and

d. donations from private or government agencies, either domestic or foreign: Provided, That said fund shall be held in trust by the Bureau of Plant Industry; Provided, further, That the allocation, utilization and disposition of such funds shall be by and under the authority of the Council.