(1) The Commission shall prepare and keep separate budgets for the Fund Projects and Operations through accounting allocations.
(2) The Operating Budget shall be used for operating the Fund and administrative expenses charged to the Fund shall not exceed 10% of the annual budget of the Fund.
(3) The Fund project budget shall be allocated to Fund Projects that have been selected and approved for financing in accordance with these Regulations.
(4) Before the end of the financial year, the Commission shall prepare budget forecasts for the Fund for the following financial year, subject to the Fund operating plan, in accordance with the Guidelines.