Section 15: Application of the Fund.

(1) The Commission shall apply the proceeds of the Fund established under section 14 of this Act to-
(a) the cost of administration of the Commission;
(b) the payment of salaries, fees, remuneration, allowances, pensions and gratuities payable to the members of the Board specified in section 6 of this Act or any committee of the Board and the employees of the Commission;
(c) the payment for all contracts, including mobilisation, fluctuations, variations, legal fees and cost on contract administration;
(d) the payment for all purchases; and
(e) undertaking such other activities as are connected with all or any of the functions of the Commission under this Act.
(2) The Commission may accept gifts of land, money, or other property on such terms and conditions, if any, as may be specified by the person or organization making the gift.
(3) The Commission shall not accept any gift if the conditions attached by the person or organisation making the gift are inconsistent with the functions of the Commission under this Act.
(4) The Commission may, with the consent of the President, borrow, on such terms and conditions as the Commission may determine, such sums of money as the Commission may require in the performance of its functions under this Act.