Section 26: Application of the Fund

The College may apply the proceeds of the Fund established under section 24 (1) of this Act -(a) to pay overhead allowances, benefits and other administrative costs of the College;
(b) for the reimbursement of members of the Council or any committee set up by the Council or the College for such expenses as may be authorised in accordance with the rates approved by the Government of the Federation;
(c) for the payment of salaries, fees and other remunerations or allowances, payable to members of the Council, employees, experts or professionals appointed by the College;
(d) to publicise and promote the activities of the College;
(e) for the maintenance of any property acquired or vested in the College; and
(f) to undertake any other activity or matter connected with all or any of the functions of the College under this Act.