Funds of the Institute
12. (1) The funds of the Institute shall comprise-
(a) grants made by the Government;
(b) grants from the local authorities;
(c) loans obtained from the Government or, with the prior approval of the Government, from the local authorities;
(d) sale proceeds and royalties accruing from the property owned by the Institute;
(e) receipt from any other source.
(2) The funds of the Institute shall be kept in a nationalised commercial bank or in such other scheduled bank as the Government may determine.
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Ministry of Law, Justice and Parliamentary Affairs