Al-Haj Abdul Jawad Alim Valiyullah Trust (Incorporation) Act 2009 · As enacted
10. Funds of the Corporation
Official English translation. The Sinhala text prevails.
Official translationFrom Department of Government Printing, unchanged
(1)
The Corporation shall have its own fund and all moneys received by way of donations, gifts, testamentary dispositions, transfers, contributions, subscriptions or fees shall be deposited in the name of the Corporation in one or more banks as the Board of Management shall determine.
(2)
All expenses incurred by the Corporation in the exercise and discharge of the powers and functions of the Corporation shall be paid out of the fund.