Brunei Economic Development Board Act · s 11

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s 11Application of Fund

The Fund may be applied to defraying the following charges —

(a)

expenses, fees or remuneration and allowances of the members;

(b)

fees or remuneration of agents and servants, and technical or other advisers of the Board;

(c)

all costs, charges and expenses of and incidental to the exercise of the powers of the Board under this Act;

Brunei Economic Development Board

(d)

interest on any loan raised by the Board;

(e)

sums required for the payment of moneys borrowed;

(f)

such sums as it may be deemed appropriate to set aside in respect of depreciation on the property of the Board;

(g)

any other architect, management and agency fees;

(h)

any contribution authorised by the Board to the

Brunei Darussalam Government or towards any particular development project carried out by the Brunei Darussalam

Government; and

(i)

any other expenditure authorised by the Board.