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(1) The Fund shall be managed by the Commission which shall for this purpose include the Controller and Accountant-General or the representative of the Controller and Accountant-General.

(2) All monies for the Fund shall be paid into a bank account opened for the purpose by the Commission with the approval of the Controller and Accountant-General and the Minister,

(3) The provisions of this Act on accounts, audit, financial year and the submission of annual reports under sections 31, 33 and 34, shall apply to the Fund.