Housing Development Finance Corporation of Sri Lanka Act 1997 · As enacted · Part IV · Finance
24. Funds of the Corporation
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All sums of money received by the
Corporation
as contributions towards the capital of the
Corporation
;
in discharging the functions of the Corporation ;
in exercising and performing the powers and duties of the Corporation, shall be credited to the funds of the Corporation.
All financial commitments or liabilities of the
Corporation arising from, or incurred in connection with —
the discharge of the functions of the Corporation ;
the exercise and performance of the powers and duties of the Corporation ,
Shall be charged on the funds of the Corporation.