National Environmental Act 1980 · As enacted · Part I · Establishment of the Central Environmental Authority and an Environmental Council
5. Fund of the Authority
Feedback & supportOfficial English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
The Authority shali have its own Fund. There shall be credited to the Fund of the Authority—
ali such sums of money as may be voted from time to time by Parliament for the use of the Authority ;
all such sums of money as may be received by the
Authority in the exercise, discharge and perfor-mance of its powers, functions and duties ; and
ail such sums of money as may be received by the
Authority by way of loans, donations, gifts, or grants from any sources whatsoever, whether in or outside Sri Lanka.
There shall be paid out of the Fund of the Authority all such sums of money required to defray any expenditure incurred by the Authority in the exercise, discharge and performance of its powers, functions and duties.
The initial capital of the Authority shall be twenty million rupees. The amount of the initial capital shall be paid out of the Consolidated Fund in such instalments as the Minister in charge of the subject of Finance may in consultation with the Minister determine and such sums shall be credited to the Fund established under subsection (1).