Skip to content
srilawsby aturio
As enacted
Contents

9. Fund of the Corporation

Official 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.

(2)

All moneys received by way of gift, bequest, donation, subscription, contribution, fees or grant for and on account of the Corporation shall be deposited in one or more banks approved by the Council to the credit of the Corporation.

(3)

There shall be paid out of the Fund, all sums of money as are required to defray any expenditure incurred by the

Corporation in the exercise, performance and discharge of its powers, duties and functions under the Act.

Read on from s 10