Section 3

such moneys as may be allocated by the Government from time to time for the purposes of this Act;

all grants, donations, gifts, contributions and bequests made to or in favour of the Corporation;

moneys earned by the operation of any project, agency, scheme or enterprise financed from the Fund;

tuition fees, insurance claims and administrative fees and other charges imposed by the Corporation under this Act;

such moneys as may be paid from time to time to the

Corporation and all moneys from time to time falling due to the Corporation in respect of the repayment of any financing or financial assistance, including skills training loans, given out of the Fund;

moneys borrowed by the Corporation;

any property, investment, mortgage, lease, tenancy, charge or debenture acquired by or vested in the Corporation;

all other moneys or property which may in any manner become payable to or vested in the Corporation in respect of any matter incidental to its functions, powers or duties;

moneys earned or arising from any property, investment, mortgage, lease, tenancy, charge or debenture acquired by or vested in the Corporation; and

all other moneys lawfully received by the Corporation.

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Expenditure to be charged on the Fund 4.

The Fund may be expended for the purpose of—

the granting of skills training loans to trainees for the payment of fees, educational equipment and aids, and cost of living expenses during the trainees' period of training in an approved skills training programme;

the financing of, or the granting of financial assistance to, trainees in an approved skills training programme other than by way of skills training loan;

exercising the Corporation's additional powers under and in accordance with section 11;

repayments on borrowings and such other outgoings and expenditure as may be permitted by this Act or any regulations made under this Act;

administrative expenses, including the remuneration, retirement benefits, gratuities and other allowances of the officers and servants of the Corporation; and

other expenses incidental to the management of the Fund and the functions of the Corporation including any moneys required to satisfy any judgment, decision, or award by any court or tribunal against the Corporation, or any member of the Board or any committee, or any officer, servant or agent of the Corporation in respect of any act, neglect or default done or committed by him in carrying out the functions of the Corporation.