(1) Disbursements from Head A of the Fund shall be made by the Accountant General on the warrant of the Secretary and the chairperson of the Board of Directors of the Saint Lucia Coconut Growers Association.
(2) Disbursements shall be authorised by a resolution of the Board of Directors of the Saint Lucia Coconut Growers Association for any purpose which tends to stabilise the coconut industry of Saint Lucia and a copy of such resolution properly authenticated and setting out the purpose for which any disbursement is to be made shall be submitted to the Accountant General with the warrant for such disbursement from Head A of the Fund.