Sugar (Reserve Funds) Act. Country/Territory Jamaica Document type Legislation Date 1947 (2004) Source FAO, FAOLEX Subject Cultivated plants Keyword Plant production Agricultural development Sugar cane/sugar beet Special fund Geographical area Americas, Caribbean, Latin America and the Caribbean, Small Island Developing States Abstract This Act creates a Sugar Price Stabilization Fund, a Sugar Industry Capital Rehabilitation Fund, a Sugar Industry Labour Welfare Fund and a Sugar Workers Pensions Fund and requires exporters of sugar to pay part of proceeds of sale of sugar to Government of Jamaica. The Act also contains a provision that requires exporters to pay a “statutory deduction” on sugar covered by an insurance policy that is damaged, stolen or destroyed. Full text English