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srilawsby aturio
As enacted
Contents

9. Funds 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 and all moneys received by way of gifts, testamentary dispositions, transfers, donations, contributions, fees or grants shall be deposited by the Corporation in one or more banks as the corporation shall determine.

Japan - Sri Lanka Educational and Cultural

(2)

The Corporation may establish a depreciation fund or a sinking fund for the purpose of rehabilitation, development or improvement of the property of the Corporation.

(3)

All expenses incurred by the Corporation in the excercise and discharge of the powers and functions of the

Corporation shall be paid out of the fund of the Corporation.

Read on from s 10