Section 11: Sources of funding

(1) There shall be paid and credited to the Centre established by this Act-
(a) the annual subvention received from the Federal Government;
(b) such money as may, from time to time, be lent, deposited with or granted to the Centre by the Government of the Federation, of a State or local government;
(c) all subventions, fees and charges for services rendered or publications made by the Centre; and
(d) all other assets which may, from time to time, accrue to the Centre.
(2)
The Centre shall be managed in accordance with rules to be made by the Council and without prejudice to the generality of the power to make rules under this subsection, the rules shall in particular contain provisions-
(a) specifying the manner in which the assets of the Centre are to be held and regulating the making of payments into and out of the Centre; and
(b) requiring the keeping of proper accounts and records for the purposes of the Centre in such form as may be specified in the rules.
(3) The Council may, from time to time, apply the proceeds of the Centre for the following purposes-
(a) the cost of administration of the Centre and the Council;
(b)
the payment of salaries, fees and other remuneration, allowances, pension and gratuities payable to members or employees of the Centre or experts or professionals appointed by the Council.