Section 23: Expenditure of the Corporation.

The Corporation may, from time to time, apply the proceeds of the fund established in pursuance of section 22 (1) of this Act(a) to the cost of administration of the Corporation;
(b) for paying or reimbursing members of the Board or of any committee set up by the Board for expenses as may be expressly authorised by the Board;
(c) to the payment of the salaries, fees or other remuneration, allowances, pensions and gratuities payable to the officers and other employees of the Corporation;
(d) for the maintenance of any property vested in the Corporation;
(e) all expenses incurred on behalf of the Corporation; and
(f) for and in connection with all or any of the functions of the Corporation or the Board.