As enactedVersion · As enacted
7. 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 Fund shall consist of—
(a)
all moneys lying to the credit of the Fund on the day immediately preceding the date of commencement of this Act ; and
(b)
all moneys that may accrue to the Corporation after the date of commencement of this Act.
(2)
All moneys lying to the credit of the Fund shall be utilised to defray the expenses incurred in the management of the affairs of the Corporation and implementation of its objects.