Section 16: Donations for particular purpose

(1) Donations of money to be applied for any particular purpose shall be placed to the credit of a special Reserve Account and may be invested in such securities or other investments as may be approved by the Minister, until such time as they may be expended in fulfilment of such purpose:
Provided that the School shall not accept a donation for a particular purpose, if the terms and conditions attaching to such donation are inconsistent with the functions of the School under this Act.
(2) The interest derived from the investments referred to in subsection (1) of this section, unless the terms of the donation otherwise require, shall be deemed to be revenue of the School.