Section 9: Fund of the Council.

(1) The Board shall establish and maintain for the Council a fund from which shall be defrayed all expenditure incurred for the purposes of the Council.
(2) There shall be paid and credited to the fund established in pursuance of subsection (1) of this section-
(a) such money as may be made available by the Federal Government for the running expenses of the Council; and
(b) all other money which may, from time to time, accrue to the Council.
(3) The Council shall, from time to time, apply the funds at its disposal-
(a) to the cost of the administration of the Council;
(b) to the payment of fees, allowances and benefits of members of the Board;
(c) to the payment of salaries. allowances and benefits of officers and employees of the Council;
(d) for the maintenance of any property vested in the Council or under its administration; and
(e) for and in connection with the functions of the Council under this Act.
(4) The Council shall invest any money not immediately required by it in Federal Government securities or in such other securities as the Council may, with the approval of the Minister, from time to time, determine.