S.L. 595.14 Art. 8AContingency Fund.

(1) There shall be established a fund to be known as the Contingency Fund, with an authorised capital as recommended by the Advisory Board, after taking into account the Agency’s commitment and future plans, and that the amount shall be provided from appropriations made from time to time out of the net surpluses of any Agency.

(2) The Agency shall have the power and authority to establish an amount from any net surpluses, which shall be used for the purpose of funding any worthy social or philanthropic causes, that may be identified from time to time.