4. The aims and objects of the Fund
Feedback & supportOfficial English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
The aims and objects of the Fund shall be —
.
a
.
.
to formulate schemes to provide financial assistance for construction of houses for armed service personnel;
Armed Service Personnel
“Armed Service Personnel” means the service personne! of the Sri Lanka Army, the Sri Lanka Navy and the Sri Lanka Air Force and a member of the Sri Lanka Police Force established respectively by the Army Act, the Navy Act,the Air Force Act and Police Ordinance.
«© provide assistance to armed service personnel eligible under the Act to obtain housing facilities;
‘(c)
to make provision for the grant of assistance to armed service personnel to obtain and repay the loans obtained by them from financial institutions ;
to formulate a scheme to ensure the repayment of the loans, in the event any armed service personnel dies or is permanently disabled or injured, in action or otherwise.