9. Fund of the Corporation

The Corporation shall have its own fund and all moneys heretofore or hereafter received by way of gifts, bequests, donations, subscriptions, contributions, 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 Board of Management shall determine.

There shall be paid out of the fund of the Corporation, all such sums of money as are required to defray any expenditure incurred by the Corporation in the exercise, performance and discharge of its powes, duties and functions under this Act.