19.
(1) The Corporation shall have its own Fund. |
|
(2) There shall be paid into the Fund-
| | (a) any sum paid to the Corporation under sections 16 and 17 ; | | |
| | (b) all sums received by the Corporation as premium in respect of the policies of insurance and guarantees issued by the Corporation ; | | |
| | (c) all grants of money received by the Corporation ; and | | |
| | (d) all sums of money including recoveries and charges received by the Corporation in the exercise, discharge and performance of its powers, functions and duties. | | |
|
|
(3) There shall be paid out of the Fund-
| | (a) all sums of money required for the discharge of the liabilities of the Corporation under the policies of insurance and the guarantees issued by the Corporation ; and | | |
| | (b) all sums of money required to defray any expenditure incurred by the Corporation in the exercise, discharge and performance of its powers, functions and duties. | | |
|
|
|