POLICE SERVICE COMMISSION (ESTABLISHMENT) ACT
Section 12: Funds of the Commission
(1) The Commission shall establisH and maintain a fund from which shall be defrayed all expenditure incurred by the Commission.
(2) There shall be paid and credited to the fund established pursuant to Subsection (1) of this section-
(a) such monies as may, from time to time, be granted or lent to or deposited with the Commission by the Federal or State Government or any other body or institution whether local or foreign;
(b) all monies raised for the purposes of the Commission by way of gifts, loan, grants-in-aid, testamentary dispositions or otherwise; and
(c) proceeds from all other assets that may, from time to time, accrue to the Commission.
(3) The fund shall be managed in accordance with the rules made by the Commission, and without prejudice to the generality of the power to make rules under this subsection, the rules shall in particular contain provisions-
(a) specifying the manner in which the assets or the fund of the Commission are to be held, and regulating the making of payments into and out of the Fund; and
(b) requiring the keeping of proper accounts and records for the purpose of the Fund in such form as may be specified in the rules.
Cite this section
Section 12, POLICE SERVICE COMMISSION (ESTABLISHMENT) ACT (2001).
https://repo.podus.ai/laws/police-service-commission-establishment-act/section/12/