law: Press Council Act, 1965
  16.Fund of the Council.-
  (1) The Council shall have its own Fund; and
  
  all such sums as may, from time to time, be paid to it by the Central
  
  Government and all grants and advances made to it by any other authority or
  
  person shall be credited to the Fund and all payments by the Council shall be
  
  made there from.
  (2) All moneys belonging to the Fund shall be
  
  deposited in such banks or invested in such manner as may, subject to the
  
  approval of the Central Government, be decided by the Council.
  (3) The Council may spend such sums as it
  
  thinks fit for performing its functions under this Act, and such sums shall be
  
  treated as expenditure payable out of the Fund of the Council.