RESOURCES, FUND AND ASSETS ARTICLE 25 RESOURCES 1. SADC shall be responsible for the mobilisation of its own and other resources required for the implementation of its programmes and projects. 2. SADC shall create such institutions as may be necessary for the effective mobilisation and efficient application of resources for regional development. 3. Resources acquired by SADC by way of contributions, loans, grants or gifts, shall be the property of SADC. 4. The resources of SADC may be made available to Member States in pursuance of the objectives of this Treaty, on terms and conditions mutually agreed between SADC and the Member States involved. 5. Resources of SADC shall be utilised in the most efficient and equitable manner. ARTICLE 26 FUND The Fund of SADC shall consist of contributions of Member States, income from SADC enterprises and receipts from regional and non-regional sources. ARTICLE 27 ASSETS 1. Property, both movable and immovable, acquired by or on behalf of SADC shall constitute the assets of SADC, irrespective of their location. 2. Property acquired by Member States, under the auspices of SADC, shall belong to the Member States concerned, subject to provisions of paragraph 3 of this Article, and Articles 25 and 34 of this Treaty. 3. Assets acquired by Member States under the auspices of SADC shall be accessible to all Member States on an equitable basis. Chapter Ten FINANCIAL PROVISIONS ARTICLE 28 THE BUDGET 1. The budget of SADC shall be funded by contributions made by Member States, and such other sources as may be determined by the Council. 2. Member States shall contribute to the budget of SADC in proportions agreed upon by the Council. 3. The Executive Secretary shall cause to be prepared, estimates of revenue and expenditure for the Secretariat and Commissions, and submit them to the Council, not less than three months before the beginning of the financial year.