As enactedVersion · As enacted
7. Fund of the Corporation
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The Fund of the Corporation shall consist of—
(1)
(a)
all moneys lying to the credit of the Organisation on the day immediately preceding the date of commencement of this Act which shail stand transferred to the Corporation from this date
; and
(b)
all moneys that may accrue to the Corporation after the date of commencement of this Act.
(2)
There shall be paid out of the fund all sums of money required to defray any expenditure incurred by the Corporation in the exercise, performance and discharge of its powers, duties and functions under this Act.