6105 Government Gazette 25 August 2016 Act No. 8, 2016 13 BUSINESS AND INTELLECTUAL PROPERTY AUTHORITY ACT, 2016 (v) the proper and diligent implementation of and compliance with the Public Enterprises Governance Act, this Act and the applicable legislation. Staff members of BIPA 17. (1) The Chief Executive Officer - (a) must draw up a personnel structure of BIPA for the approval of the Board; (b) may appoint such persons as approved on the personnel structure of BIPA as he or she may consider necessary to perform the functions of BIPA; and (c) determines the remuneration and other terms and conditions of service of the staff members with the approval of the Board. (2) BIPA may enter into agreement with any person to perform any act or provide any service for or on behalf of BIPA in respect of any matter related to the functions of BIPA. PART 4 FINANCIAL PROVISIONS Funds of BIPA 18. (1) (a) money appropriated by Parliament for the purpose of BIPA; (b) fees and penalties received under this Act and the applicable legislation for the benefit of BIPA, including any interest on unpaid amounts; (c) charges in respect of services rendered by BIPA in the performance of its functions under this Act or applicable legislation; (d) interest or dividends earned on an investment made in terms of subsection (5); (e) money borrowed with the approval of the Minister in agreement with the Minister responsible for finance; (f) money received by way of donations or grants from a source in Namibia, and subject to the approval of the Minister in agreement with the Minister responsible for finance, from any source outside Namibia; (g) money obtained through the sale of - The funds of BIPA consist of - (i) publications prepared by or for BIPA; (ii) reference material, data and information; and