(2)  All amounts received by way of rents from the properties owned by or mortgaged to the Fund shall be carried to the Income Account, but there shall be deducted therefrom any payments made in respect of rates, insurance, repairs and any other expenses or outgoings made for the purpose of maintaining the properties in a rent earning condition, including any commission paid to a receiver appointed by the Committee as mortgagee of any property.

(3)  Upon the purchase of any investments, a proportion of the purchase price equivalent to the interest or dividend payable in respect thereof for the period elapsed since the end of the last period in respect of which the interest or dividend thereon has been paid shall be debited to the Income Account.

(4)  Upon the realisation of any investment a proportion of the proceeds shall be deducted equivalent to the interest or dividend payable in respect thereof for the period elapsed since the end of the last period in respect of which the interest or dividend thereon has been received and the amount deducted shall be credited to the Income Account.