Section 11: Expenditure of the Board.

The Board may, from time to time, apply the proceeds of the fund established in pursuance of section 10 of this Act- (a) to the cost of administration of the Board;
(b)
for reimbursing members of the Board or of any committee set up by the Board for such expenses as may be expressly authorised by the Board in accordance with such rates as may be approved, from time to time, by the President;
(c) to the payment of salaries, fees or other remuneration or allowances, pensions, superannuation allowances and gratuities payable to the employees of the Board and of fees to agents, so however that no payment of any kind under this paragraph (except such as may be expressly authorised) shall be made to any person who is in receipt of emoluments from the Government of the Federation or of a State;
(d) for the maintenance of any property acquired or vested in the Board; and
(e) for and in connection with all or any of the functions of the Board under or pursuant to this Act.