DATA PROCESSING CONTROL BOARD ACT - 1976 (SMCD 19)

    Section - 16 - Funds.

    (1) The funds of the Board shall include-

    (a) any grants received from Government by the Board for the discharge of its functions, such grants being charged on the Consolidated Fund,

    (b) any moneys accruing to the Board in the course of the performance of its functions under this Decree.

    (2) All sums of money received on account of the Board may be paid into such bank or banks as may be approved by the Board for the credit of the Board's general current or deposit account so however, that the Board may invest, as it deems fit, any moneys not required for current use.