Section 19: FUND OF THE INSTITUTE

(1) The Council shall establish and maintain a fund (in this Act referred to as "the Fund") to be applied for the functions of the lnstitute.
(2) The Institute shall, not later than 1st October in each financial year or soon thereafter, submit to the Council for approval its estimate of revenue and expenditure in respect of each year.
(3) The Council may borrow money for the purposes of the Institute.
(4) There shall be paid and credited into the Fund-
(a) all fees and other money payable to the Institute ;
(b) all grants, aids and solicited funds received for the Institute ; and
(c) proceeds from programme and activities.