CAP. 130 Copyright [Rev. 2014] 14. Protection from personal liability No matter or thing done by a member of the Board or any officer, employee or agent of the Board shall, if the matter or thing is done bona fide for executing the functions, powers or duties of the Board, render the member, officer, employee or agent or any person acting on his directions personally liable to any action, claim or demand whatsoever. 15. Deleted by Act No. 12 of 2012, Sch. 16. Funds of the Board (1) The funds of the Board shall comprise— (a) such sums as may be granted to the Board by the Minister pursuant to subsection (2); (b) such monies or assets as may accrue to or vest in the Board in the course of the exercise of its powers or the performance of its functions under this Act or under any other written law; and (c) all monies from any other source provided for or donated or lent to the Board. (2) There shall be made to the Board, out of monies provided by Parliament for that purpose, grants towards the expenditure incurred by the Board in the exercise of its powers or the performance of its functions under this Act. 17. Financial year The financial year of the Board shall be the period of twelve months ending on the thirtieth June in each year. 18. Annual estimates (1) At least three months before the commencement of each financial year, the Board shall cause to be prepared estimates of revenue and expenditure of the Board for that year. (2) The annual estimates shall make provision for all estimated expenditure of the Board for the financial year and in particular, the estimates shall provide for— (a) the payment of the salaries, allowances and other charges in respect of the staff of the Board; (b) the payment of pensions, gratuities and other charges in respect of the staff of the Board; (c) the proper maintenance of the buildings and grounds of the Board; (d) the remuneration of Board members pursuant to section 9; (e) the maintenance, repair and replacement of equipment and other property of the Board; and (f) the creation of such reserve funds to meet future or contingent liabilities in respect of retirement benefits, insurance or replacement of buildings or equipment, or in respect of such other matter as the Board may deem appropriate. [Issue 3] C40 - 12