As enactedVersion · As enacted
8. Fund of the Corporation
Feedback & supportOfficial English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
(1)
The Corporation shall have its own fund and all moneys heretofore or hereafter to be received by way of gifts, testamentary disposition, donations, contributions and fees shall be deposited in the name of-the Corporation in one or more banks as may be decided by the Board of
Management.
(2)
There shall be paid out of the fund, all sums of moneys to defray any expenditure incurred by the Corporation in the exercise, performance and discharge of its powers, duties and functions under this Act.
Dhaarul Uloom Al-Meezaniyyah Arabic College,
5
Kurugoda, Akurana (Incorporation)
Act, No. 60 of 2007