Section 13: Expenditure

1 The Board may apply the proceeds of the Account to the —
a performance of the functions of the Fund;
b cost of administration of the Fund;
c payment of the allowances and benefits of members and for reimbursing members of any committee set up by the Board for such expenses as may be expressly authorised by the Board;
d the payment of salaries, remuneration or allowances, pensions and other benefits payable to the officers, and other employees of the Fund; and
e the development and maintenance of any property vested in or owned by the Fund.

2 No payment under subsection (1) (d) shall be made to any person who is in receipt of emolument from the Federal or State Government, except as may be expressly authorised by the Board.