Section 8: Expenditure of the Institute.

The Institute may, from time to time, apply proceeds of the Funds of the Institute to :(a) the administration of the Institute;
(b) the payment of the emoluments, allowances and benefit of members of the Board as well as for such other employees of the Institute as may be appropriate;
(c) the development and maintenance of any property vested in or owned by the Institute; and
(d) such other activities that will promote the growth of the Institute or are connected with its functions