(1) The expenses of the Board in the exercise of its functions under this Decree shall be paid out of grants made to the Board by the Government.

(2) There shall be a Loans Fund for the operation of the Scheme which shall consist of moneys received by the Board from time to time from the Government or any other source for the purpose.

(3) All sums received by the Board under subsection (2) of this section shall be lodged with the Bank for Housing and Construction as the Board's bankers.

(4) No such money shall be withdrawn from the Bank, except by cheque signed by the Executive Secretary or any person acting for him for the time being under subsection (3) of section 11, and countersigned by two other members of the Board.