3. The functions of the board are(1) to promote the improvement of the quality of grain, particularly by implementing a grading system and standards of quality;
(2) to promote a steady supply of grain of good quality;
(3) to protect producers by seeing to it that grain dealers, regional centres and drying centres are solvent;
(4) to supervise the application of the conditions of a programme relating to grain and the conditions of an agreement to which the Minister of Agriculture, Fisheries and Food is a party for the implementation of the programme; and
(5) to issue, renew, suspend or cancel the permits contemplated in this act and supervise the operation of such permits.