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srilawsby aturio
As enacted
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8. 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 and all moneys heretofore or hereafter to be received by way of gifts, bequest, donation, subscription, contribution, fees or grants for and on account of the Corporation shall be deposited to the credit of the Corporation in one or more banks as the

Board of Directors shall determine.

(2)

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

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

Read on from s 9