Grants-in-aid and accounts of Institute
11.—(1)  The Minister may from time to time authorise the payment of grants-in-aid to the Institute.
(2)  All moneys provided for under subsection (1) may be applied or expended by the Institute for all or any of the purposes of the Institute.
(3)  A copy of the accounts of the Institute for each financial year when prepared and audited in accordance with the rules made under section 15 shall as soon as practicable after the completion of the audit be submitted to the Board for approval before being sent to the Minister.