Section 13: Financial provisions

(1) The Council shall establish and maintain a fund from which there shall be defrayed all expenses incurred by the Council.
(2) There shall be paid and credited to the fund established under subsection (1) of this section-
(a) such sums as may, from time to time, be granted to the Council by the Federal Government;
(b) all monies raised for the purposes of the institute by way of gifts, grants-in aid, testamentary dispositions and sales of publications;
(c) all subscriptions, fees and charges for services rendered by the Institute and all other sums that may accrue to the Institute from any source.