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) receipts 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.