(1)  The money held in the Foundation may be applied at the discretion of the Board for any of the following purposes:

(a) to promote and advance road safety, the prevention of motor accidents and the prevention of personal injury as a result of motor accidents;

(b) to conduct or support public awareness programmes in respect of the treatment of motor accident victims;

(c) to advance and support medical and technical research;

(d) to promote and advance techniques for the treatment of motor accident victims at the scene of the accident, during transportation to a hospital or other medical facility and after arrival at a hospital or other medical facility;

(e) to educate and support the carers of motor accident victims;

(f) to support organizations that care for motor accident victims;

(g) to provide for the administration of the Foundation.

(2)  In applying the Foundation for a purpose specified in subsection (1) , the Board may do any of the following:

(a) conduct or participate in a programme relating to that purpose;

(b) provide financial support to persons and organizations by way of grants, loans, sponsorship or other financial accommodation.