Section 6: Establishment of a fund for the Council

(1) The Council shall establish and maintain a fund for the purpose of this Act, the management and control of which shall be in the hands of the Council.
(2) There shall be paid into the Fund of the Council-
(a) an annual practicing fee payable by every freight forwarder in an amount determined by the Council;
(b) all fees and other moneys payable to the Council under this Act; and
(c) such other moneys as may be payable to the Council, in the Course of the discharge of its functions.
(3) There shall be paid out of the Fund of the Council established pursuant to subsection (1) of this Section-
(a) the remuneration and allowances of the Registrar and other employees of the Council;
(b) such reasonable travelling and subsistence allowance of members of the Council in respect of the time spent on the business of the Council as the Council may approve;
(c) any other expenses approved and incurred by the Council in the discharge of its functions under this Act.