Section 21
Funds and property of Board
of National Productivity Board Act
(1)
The funds and property of the Board shall consist of —
any money appropriated by Parliament for the purposes of the Board;
all money paid to the Board for the purposes of the Board;
all money paid to the Board by way of grants, subsidies, donations, gifts, fees, charges, rents, interest and royalties;
all money derived from the sale of any property belonging to or held by or on behalf of the Board;
all money derived by the Board from the sale of publications;
all money received by the Board for services rendered by it or by any practice or process developed by it;
all moneys, dividends or income received from any transactions made pursuant to the powers conferred on the Board by this Act;
all other money and property lawfully received by the Board for the purposes of the Board; and
all accumulations of income derived from any such property or money.
(2)
Subject to the terms of any trust or endowment, any money belonging to the Board and available for investment may be invested in such securities as trustees may by any written law be authorised to invest or, with the written approval of the Minister, in any other securities or investments.