Dharmayathana Conservation Society (Incorporation) Act 2006 · As enacted
8. Fund of the Corporation
Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
Official translationFrom Department of Government Printing, unchanged
The Corporation shall have its own fund and all moneys heretofore or hereafter to be received by way of gifts, grants, bequest, testamentary disposition, donations, subscriptions, contribution and fees shall be deposited to the credit of the Corporation in one or more banks as may be decided by the Council.
There shall be paid out of the fund, all sums of money required to defray any expenditure incurred by the
Corporation in the exercise, performance and discharge of its powers, duties and functions under this Act.
The Corporation may create any depreciation fund, reserve or sinking fund for the rehabilitation, improvement and development of the property of the Corporation.
The moneys and property of the Corporation however derived shall be applied solely towards the promotion of its objects and no portion thereof shall be paid or transferred directly or indirectly by way of dividends, bones or otherwise by way of profit to any member of the Corporation.