13. Objects of the Fund

The objects of the Fund shall be—

to inculcate and promote thrift among, and uplift the economic and social status of coconut smallholders ;

to assist coconut smallholders to increase coconut production and agricultural productivity in their smallholdings and to increase the yield from their coconut smallholdings by the use of relevant scientific technology ;

to promote suitable investments related to the establishment and development of coconut based small industries ;

to acquire, develop or establish, coconut processing units, factories and other facilities required for the manufacturing of finished products of coconut smallholdings ;

to register and regulate coconut smallholdings development societies and societies of coconut based small industries (in this Act referred to as

to promote and develop the marketing of the produce of such coconut processing units and factories ; and

to assist Kapruka Societies for the improvement and well being of those engaged in the production of coconut in smallholdings and small industries.