Clause 13

The sums deducted by way of commission in accordance with section 12(b), together with any fractional money arising pursuant to the operation of paragraph (i) of the proviso to section 12, shall be deemed for all purposes to belong to and form part of the general funds of the Board and may be apportioned between the Board and the turf club in such proportion and in such manner as may be approved by the Minister under an approved scheme.