31. (1) There is a fund to be known as the Kenya Roads Board Fund which shall vest in the Board.

(2) There shall be paid into the Fund -

(a) all proceeds from the Road Maintainance Levy Fund:

(b) such moneys or assets as may accrue to or vest in the Board in the course of the exercise of its powers or the performance of its functions under this Act or under any other written law;

(c) such sums as may be payable to the Board pursuant to this Act or any other written law, or pursuant to any other gift or trust

(d) all the moneys from any other source provided for or donated or lent to the Board.

(3) All receipts, savings and accruals for the Fund and the balance of the Fund at the end of the financial year shall be retained for the purposes for which the Fund is established.

(4) There shall be paid out of the Fund any expenditure incurred by the Board in the exercise of its powers or the performance of its functions under this Act.

(5) The Board shall with the approval of the Minister, set a ceiling of the money which in any one year may be spent on recurrent expenditure which shall not exceed 3 % of the total collections in that year.