law: National Bank for Agriculture and Rural Development Act, 1981 
  44. Research and
  
  Development Fund.- 
  1.     
  
    The
  
  National Bank shall establish and maintain a Fund to be known as the Research
  
  and Development Fund, to which shall be credited-
  a.     
  
    such
  
  sums of money as are transferable to this Fund in accordance with section 47;
  b.    
  
    such
  
  sums of money as the Board may contribute every year to this Fund from out of
  
  its annual profits; and
  c.     
  
    such
  
  gifts, grants, donations or benefactions which the National Bank may receive
  
  and which the Board may earmark for this purpose.
  2.     
  
    The
  
  Research and Development Fund shall be expended on matters of importance to
  
  agriculture, agricultural operations and rural development, including the
  
  provision of training and research facilities and the making of loans or
  
  advances grants under clause (iii) of section 38.