Section 10: Borrowing power.

(1) The Institute may, with the consent or in accordance with the general authority given by the Federal Government, borrow by way of loan or overdraft, from any source any monies required by the Institute for meeting its obligations and discharging its functions under this Act, so however that where the sum or the aggregate of the sums involved at anyone time does not exceed N100,000, no such consent or authority shall be required.
(2) The Institute may, subject to the provisions of this Act and the conditions of any trust created in respect of any property, invest all or any of its funds with the like consent or general authority.
(3) The Board may invest any surplus funds of the Institute in such securities as may be approved by the Federal Government.