As enactedVersion · As enacted
8. Fund of the Corporation,
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(1)
The Corporation shall have its own fund and all moneys received by way of gift, bequest, donation, subs-cription, contribution, fees or grants for and on account of the Corporation shall be deposited to the credit of the
Corporation in one or more banks as the Council shall determine.
(2)
There shall be paid out of the fund all sums of money to defray any expenditure incurred by the Corpora-tion in the exercise, performance and discharge of its powers, duties and functions under this Act.