law: 222. Board's Fund.-
  (1) There shall be constituted a Fund to be called the Fund of the Insolvency and Bankruptcy Board and there shall be credited thereto-
  (a) all grants, fees and charges received by the Board under this Code;
  (b) all sums received by the Board from such other sources as may be decided upon by the Central Government;
  (c) such other funds as may be specified by the Board or prescribed by the Central Government.
  (2) The Fund shall be applied for meeting-
  (a) the salaries, allowances and other remuneration of the members, officers and other employees of the Board;
  (b) the expenses of the Board in the discharge of its functions under section 196;
  (c) the expenses on objects and for purposes authorised by this Code;
  (d) such other purposes as may be prescribed.