The Copra Marketing Board of Papua New Guinea is established under section 3. Subject to section 12 and to any directions of the Minister, the powers and functions of the Board in relation to the export or marketing of copra are: (a) to purchase or otherwise acquire copra, to determine prices copra purchased by or on behalf of the Board and to sell or dispose of any copra purchased or otherwise acquired by or on behalf of the Board and to administer the Papua New Guinea Copra established under s