Section 11: Expenditure of the Agency

The Agency may, from time to time, apply the proceeds of the Fund to-(a) the cost of administration of the Agency;
(b) the paying of the emoluments, allowances and benefits of members of the Board and for reimbursing members Of the Board or of any committee set up by the Board for such expenses as may be expressly authorised by the Board;
(c) the payment of salaries, fees or other remuneration or allowances, gratuities
and pensions, and other benefits payable to the offices and other employees of the Agency, so however that no payment of any kind under this paragraph (except , such as may be expressly authorised by the Board) shall be made to any person who is in receipt of emoluments from the Federal or State Governments;
(d) the development and maintenance of any property vested in or owned by the Agency; and
(e) any matter in connection with all or any of its functions under this Act.