As enactedVersion · As enacted
10. The Fund of the Board
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(1)
The Board shall have and maintain its own Fund.
(2)
There shall be paid into the Fund of the
Board—
(a)
any gifts or donations of money ;
(b)
any grant received from the Government
;
(c)
income from endowments
; and
(d)
all other moneys belonging to the Board from what-ever sources derived.
(3)
There shall be paid out of the Fund of the Board all sums of money required to defray any expenditure incurred by the Board in the exercise, performance and discharge of its powers, duties and functions.
(4)
The Board shall be responsible for the administration of the Fund of the Board.