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Contents

Part XI · Finance

90. Fund of the Authority

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

(1)

The Authority shall have its own Fund.

(2)

There shall be paid into the Fund of the Authority-

(a)

all such sums of money as may be voted upon from time to time by Parliament for the use of the

Authority; and

(b)

all such sums of money as may be received by the

Authority by way of gifts, donations, contributions, bequests or grants from any source within or outside

Sri Lanka.

(3)

There shall be paid out of the Fund of the Authority all such sums of money required to defray the expenditure incurred by the Authority in the exercise, performance and discharge of its powers, duties and functions under this Act.