Section 32: Funds of the Commission

(1)
The Commission shall establish and maintain a fund into which shall be paid or credited-
(a)
take off grants, annual subventions and budgetary allocations received from the Government of the Federation;
(b) monies as may be appropriated to the Commission, from time to time, by the National Assembly;
(c)
monies as may,Jrom time to time, be lent, deposited with or granted to the Commission by the Government of the Federation, States or Local Governments;
(d) fees, fines, charges and commissions made by the Commission
(e) income from any investment made by the Commission;
(f) grants, gifts or donations from international organizations and donor agencies
(g) all sums of money or income accruing to the Commission by way of testamentary dispositions and endowments; and
(h) other funds which may, from time to time, accrue to the Commission.
(2)
The Fund established under sub-section (1) of this section shall be managed in accordance with extant Financial Regulations applicable in the Public Service of the Federation.
(3)
The Commission shall be exempted from the payment of income tax under the Companies Income Tax Act or any other levies, duties or contributions' that may be imposed by law or regulations