Section 16: Application of funds
consolidated text (as amended). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
16. Application of funds
The property of the Foundation, or any funds or money of which the
Foundation may become possessed, shall be applied towards the furtherance
of the objects of the Foundation, and no portion of any such property, fund
or money shall be distributed or transferred in any manner by way of dividend, bonus or otherwise.