Section 17: Establishment of fund of the College.

(1) There is established for the College a fund (in this Act referred to as "the Fund") which shall be applied for the promotion of the objectives specified in this Act.
(2) There shall be paid and credited to the Fund -
(a) such sums as may be granted to the Council by the Federal Government through the National Board for Technical Education (NBTE);
(b) all moneys raised for the purposes of the Council by way of gifts, grants-in-aid or testamentary disposition; and
(c) all subscriptions, fees and charges for services rendered by the Council and all other sums that may accrue to the Council from any source.
(3) The Council shall submit to the Minister, through the National Board tor Technical Education (NBTE), not later than three months before the end of each financial year or at such other time as he may direct, an estimate of its revenue and expenditure for the next succeeding financial year.