law: Press Council Act, 1978
  18.Fund of the Council.-
  (1) The council shall have its own fund; and
  
  the fees collected by it 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 fir or for performing its functions under this Act, and such sums shall
  
  be treated as expenditure payable out of the fund of the council.