Section 25, The National Revenue Authority Act, 2002

The funds of the Authority shall be applied in meeting the following expenses:— [Margin: Application of funds.] (a) the remuneration, fees and allowances of the members of the Board; (b) the salaries, remuneration, fees, allowances, and, subject to the National Social Security and Insurance Trust Act, 2001, the pensions, gratuities and other retirement benefits of the employees of the Authority; [Margin: Act No. 5 of 2001.] No. 11 National Revenue Authority Act 2002 13 (c) the administrative expenses of the Authority other than the expenditure in paragraph (b); (d) repayment of the principal sums borrowed and sums required to be transferred to a sinking fund or otherwise set aside for the purpose of making provision for the redemption of stock or other securities or the repayment of other borrowed moneys; (e) interest on any loan raised by the Authority; (f) such sums as may be payable by the Authority to any person or authority under this Act or any other law; (g) rates, taxes and other levies, payable by the Authority under any law; and (h) any other expenditure incurred by the Authority in the performance of its functions, including the provision of forms for tax and other returns to be supplied free of charge to members of the public.