As enacted

Contents

National Eye Bank Trust of Sri Lanka Act 2023 · As enacted · Part IV · The National Eye Bank Trust Fund

16. Establishment of the National Eye Bank Trust Fund

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

(1)

There shall be established a Fund called the

National Eye Bank Trust Fund (hereinafter referred to as

“the Fund”).

(2)

The management, administration, control and operation of the Fund shall be vested in the Board.

(3)

There shall be paid into the Fund-

(a)

all such sums of money as may be voted by

Parliament, from time to time, for the use of the

Trust including the initial grant and the annual grants of the National Eye Bank of Sri Lanka;

National Eye Bank Trust of

(b)

any fund raised, or grants, gifts or donations received, or moneys realized or collected under the provisions of this Act;

(c)

the sum of money transferred to the Fund under subsection (1) of section 30; and

(d)

any income from investments or other receipts due to the Trust.

(4)

There shall be paid out of the Fund-

(a)

all expenses which are necessary for the functioning and maintenance of the Trust;

(b)

all such other payments as are approved by the

Board as being necessary for the purpose of carrying out the objects of the Trust.

Part V

The Staff of the Trust

Part VI

Part VII