Section 22: Fund of the Authority

(1) The Authority shall establish and maintain a fund which shall cousist of-
(a) all moneys received from the Federal Government;
(b) proceeds from all activities, services and operations of the Authority;
(c) grants, gifts and donations made to the Authority; and
(d) such other sum as may accrue, from time to time, to the Authority,
(2) The Authority shall, from time to time, apply the proceeds of the fund established pursuant to subsection (1) of this section-
(a) to the cost of administration of the Authority;
(b) to the payment of the salaries, fees or other remuneration or allowances, pensions and gratuities payable to the officers and employees of the Authority;
(c) 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 Authority in accordance with the rates approved by the President;
(d) for the maintenance of any property vested in the Authority; and
(e) for investment, maintenance of Zones, marketing, promotion, training, research and similar activities.