(1) Every society shall establish and maintain a Development Fund.
(2) Every registered society that realises a surplus from its operations as ascertained by the annual audit may make such annual contribution as may be determined by the National League or National Council not exceeding 10% of that surplus of such fund to be used for the development of registered societies.
(3) Subject to subsection (4), the Development Fund shall be administered by the National League or National Council in such manner as may be prescribed.
(4) Where a National League or National Council has not been established or is not functioning as such, the Development Fund shall be administered by person or body of persons determined by the Registrar.