CITIZENSHIP AND LEADERSHIP TRAINING CENTRE ACT
Section 14: Fund of the Board.
(1) The Board shall establish and maintain a fund from which shall be defrayed, with the general or specific approval of the Minister in any case, all expenditure incurred by the Board.
(2) There shall be paid and credited to the fund established in pursuance of subsection (1) of this section-
(a) all moneys as may be granted to the Centre by the Federal Government;
(b) all moneys raised for the general purposes of the Centre;
(c) all moneys accruing to the Board on behalf of the Centre by any means, including grants-in-aid, endowments and donations;
(d) all charges, dues, fees or amounts recovered by the Board;
(e) all interests on moneys invested by the Board; and
(f) such other moneys as may, from time to time, accrue to the Centre or the Board.
(3) All sums of money received on account of the Centre by the Board and accruing to the fund shall be paid into the Central Bank of Nigeria for the credit of the Centre.
Cite this section
Section 14, CITIZENSHIP AND LEADERSHIP TRAINING CENTRE ACT (1989).
https://repo.podus.ai/laws/citizenship-and-leadership-training-centre-act/section/14/