“Funds” shall mean any cash, deposits and securities that may be used for a payment.
18.104.22.168 Commission of Management of Funds
The management of funds shall be performed by the Vice President for Financial Management.
22.214.171.124 Short-term Loans
The Vice President for Financial Management may raise money to cover any temporary shortage of funds by obtaining short-term loans based on the approval granted by the CEO/President and the Secretary General.
126.96.36.199.1 The Vice President for Financial Management shall, in principle, compile a cash flow projection under which any short-term loan may be paid back within the same fiscal year.
188.8.131.52 Long-term Loans
The Corporation shall receive approval from Prime Minister when borrowing funds with a payment period exceeding one year as stipulated in Article 10 of Okinawa Institute of Science and Technology School Corporation Act.