Section 7: Expenditure of the Corporation

The Corporation may, from time to time apply the proceeds of the fund established in pursuance of section 6 of this Act-
(a) to the cost of administration of the Corporation
(b)
for reimbursing members of the Corporation or of any committees set up by the Corporation for such expenses as may be authorised by the Corporation and in accordance with the rates approved in that behalf by the President;
(c)
to the payment of salaries, fees or other remuneration or allowances and pensions, gratuities and other retiring benefits payable to the employees of the Corporation;
(d) for the maintenance of any property acquired or vested in the Corporation; and
(e) for and in connection with all or any of the functions of the Corporation under this Act.