26Funds

26 Funds

(1)  The funds of the Board consist of –

(a) any income or money received by the Board in connection with the discharge of its responsibilities; and

(b) any money provided by the State; and

(c) any money received from any other source.

(2)  The funds of the Authority are to be applied –

(a) for payment of the Board, the chief executive officer and the employees; and

(b) for payment or discharge of the expenses, charges and obligations incurred or undertaken by the Authority in the performance and exercise of its functions and powers.