7. Fund of the Corporation

The Corporation shall have its own fund and all moneys received by way of donation, testamentary disposition, transfer, contributions, or fees shall be deposited in the name of the Corporation in one or more Banks as the Board of

The Board of Management may create any depreciation fund, reserve or sinking fund for the rehabilitation, improvement and development of the property of the Corporation.

There shall be paid out of the fund, all such sums of money as may be incurred as expenditure by the Corporation in the exercise, performance and discharge of its powers, duties and functions under this Act.