Section 10: Expenditure of the Corporation, etc.

(1) The Corporation may, from time to time. apply the proceeds of the fund established in pursuance of section 9 of this section-
(a) to the cost of administration of the Corporation or of any subsidiary it might acquire pursuant to this Act;
(b) to the repayment of any money borrowed pursuant to this Act;
(c) to the granting of loans to its officers and servants for such purposes and on such terms and conditions as it may approve; and
(d) for and in connection with all or any of its functions under this Act or any other written law.
(2) With the approval of the President the Minister may issue to the Corporation directives as to the disposal of surplus funds and, subject to such directives, the Corporation may invest its funds and maintain a general financial reserve.