OIL MINERAL PRODUCING AREAS DEVELOPMENT COMMISSION ACT
Section 14: Expenditure of the Commission.
(1) The Commission shall apply the proceeds of the fund established pursuant to section 13 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 Board members 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.
Cite this section
Section 14, OIL MINERAL PRODUCING AREAS DEVELOPMENT COMMISSION ACT (1998).
https://repo.podus.ai/laws/oil-mineral-producing-areas-development-commission-act/section/14/