Section 11: Funds, etc.

(1) The Council shall establish and maintain for the Scheme a fund from which shall be defrayed all expenditure incurred for the purposes of the Scheme.
(2) There shall be paid and credited to the fund established in pursuance of subsection (1) of this section -
(a) such money as may be received from the health maintenance organisations;
(b) such money as may be granted or received from the Federal, State and Local Governments;
(c) such money as may, from time to time, be granted or received from -
(i) the organised private sector,
(ii) international or donor organisations and non-Governmental organisations ;
(d) dividends and interests on investments and stocks; and
(e) all other money which may, from time to time, accrue to the Scheme.
(3) The Scheme shall, from time to time, apply the funds at its disposal -
(a) to the cost of the administration of the Scheme;
(b) to the payment of fees, allowances and benefits of members of the Council;
(c) to the payment of salaries, allowances and benefits of officers and employees of the Scheme;
(d) for the maintenance of any property vested in the Scheme or under its administration; and
(e) for and in connection with the objectives of the Scheme under this Act.
(4) The Scheme shall invest any money not immediately required by it in Federal Government securities or in such other securities as the Council may, with the approval of the Minister, from time to time, determine.