9.—(1) The Agency shall open and maintain an account or accounts with such bank or banks as the Agency thinks fit; and every such account shall be operated upon as far as practicable by cheque signed by such person or persons as may from time to time be authorised in that behalf by the Agency.
[Act 26 of 2002 wef 01/01/2002]
(2) The moneys of the Agency shall be applied only in payment or discharge of the expenses, obligations and liabilities of the Agency and in making any payments that the Agency is authorised or required to make.