CHAPTER VIII Finance 26. The Federation:(a) shall subsist on its own fund; moreover, it shall undertake responsibility for all its financial matters; (b) shall prescribe financial regulations which it is to be abided by; (c) has the right to acquire and use grants or loans from any government department or organization, or from any financial institution; (d) shall deposit its funds in an account at the bank and shall use them iii accordance with the financial regulations; (e) shall keep accounts systematically; (f) may carry out to increase funds which are not required immediately, ill accordance with the financial regulations and may raise funds: (g) may accept cash and kind donated locally and from abroad and may make appropriations to computer associations as may be necessary; (h) shall deposit its own foreign currency in a separate bank account and is entitled to use the same in accordance with the existing laws, rules and regulation; (i) may request assistance, if necessary from the Office of the Auditor- General with respect to book-keeping and auditing of accounts. CHAPTER IX Prior Sanction and License 27. (a) The Ministry of Communications, Posts and Telegraphs may, with the approval of the Council, determine by notification the types of computer to be imported, kept in possession or utilized only with the prior sanction of the Ministry. (b) In determining the types of computer under sub-section(a), fax-modem card installed computer which can transmit or receive data shall be primarily targeted. (c) In determining the types of computer under sub-section(a), it shall not apply to computers that are used only as aids in teaching, office work or business.