The funds of a college consist of ¾

(a) monies provided by the department, and other monies properly receivable by the college for the delivery of courses forming part of a College Training Profile under section 42(3);

(b) commercial funds being ¾

(i) monies received from college fee-for-service operations;

(ii) monies received from commercial services including cafeterias and bookshops;

(iii) monies from other commercial activities conducted by the college;

(iv) monies received in connection with the exercise of the power conferred by section 9(2)(f) in respect of land, buildings or facilities under the control of the college;

(v) monies donated by way of gifts, bequests or other voluntary contributions; and

(vi) any other monies properly receivable for the purposes of the college;

and

(c) funds borrowed by the college under section 51.