Section 22: Power to accept gift.

1 The Academy may accept gift of land, money or other property on such terms and conditions, if any, as may be specified by the person or organisation making the gift.

2 Notwithstanding the provisions subsection (1), the Academy shall not accept any gift, if the term or condition attached by the person or organisation making the gift is inconsistent with the provisions of this Act.

3 All property, money or funds donated for any specified purpose shall be applied and administered in accordance with the purpose for which they were donated and shall be accounted for separately.

4 Any money withdrawn from the account established under subsection (1) shall be applied for the purposes of the Academy.