20. Insertion of new section 27A in the principal enactment

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

The following new section is hereby inserted immediately after section 27 and shall have effect as section 27A of the principal enactment:—

27A. (1) There shall be a fund which shall be called the Fisheries Reward Fund (hereinafter referred to as the “Reward Fund”).

(2)

The Director-General shall be responsible for the administration of the Reward Fund.

(3)

There shall be credited to the Reward

Fund all proceeds realized from sales under section 19.

(4)

The Director-General shall from time to time pay out of the Reward Fund a reward:—

(a)

to any person as specified in section 3;

(b)

to any authorized officer; or

(c)

to any informer, of such sum of money as he may deem fit:

Provided however, that such sum shall not exceed the maximum amount to be prescribed under this Act.

(5)

The accounts of the Reward Fund shall be audited annually by the Auditor-General in accordance with Article 154 of the

Constitution.”.

“Establishment of the

Reward

Fund.

Fisheries (Regulation of Foreign Fishing Boats)

Schedules