Section 6: Fund of the Council.

(1) The Council shall establish and maintain a fund (in this Act referred to as "the Fund") the management and control of which shall be vested in the Council and into which shall be paid -
(a) money received by the Council under this Act;
(b) all fees and other money payable to the Council by licensed social workers, individuals and corporate bodies; and
(c) such money as the Minister may, out of money provided by the Federal Government, individuals or corporate bodies (national or international) to the Council by way of grant, subvention, loan or otherwise.
(2) There shall be paid out of the Fund -
(a) all expenditures incurred by the Council in the discharge of its functions under this Act;
(b) the remunerations and allowances of the Registrar and other staff of the Council; and
(c) such reasonable travelling and subsistence allowances of members of the Board in respect of the time spent on the duties of the Council as the Board may determine.
(3) Subject to guidelines issued by the Board, the Council's funds and assets may be invested in any bond, bill or other securities issued or guaranteed by the Federal Government or the Central Bank of Nigeria.