Section 11
Application of Fund
of Brunei Economic Development Board Act
The Fund may be applied to defraying the following charges —
(a)
expenses, fees or remuneration and allowances of the members;
(b)
fees or remuneration of agents and servants, and technical or other advisers of the Board;
(c)
all costs, charges and expenses of and incidental to the exercise of the powers of the Board under this Act;
Brunei Economic Development Board
B.L.R.O. 2/2023 15
(d)
interest on any loan raised by the Board;
(e)
sums required for the payment of moneys borrowed;
(f)
such sums as it may be deemed appropriate to set aside in respect of depreciation on the property of the Board;
(g)
any other architect, management and agency fees;
(h)
any contribution authorised by the Board to the
Brunei Darussalam Government or towards any particular development project carried out by the Brunei Darussalam
Government; and
(i)
any other expenditure authorised by the Board.