The Board shall be responsible for-

(a) administering the Fund;

(b) attracting contributions into the Fund and investing the moneys of the Fund;

(c) encouraging investment in forest plantation development through incentives and other benefits; [As amended by the Forest Plantation Development Fund (Amendment) Act, 2002 (Act 623), s.4.]

(d) facilitating best practices for optimum timber plantation establishment and management;

(e) promoting a feasible scheme that supports related forest projects; and

(f) monitoring the progress of the scheme to ensure compliance with the objects of the Act.