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Part I · Establishement of National Insurance Trust Fund

12. The objectives of the Board

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

The objectives of the Board shall be—

(a)

to provide benefits and safeguards–

(i)

to public officers, provincial public service officers and local government service officers and to persons retired from the public service, the provincial public service and the local government service, and who are presently in receipt of a pension from the government, the

Provincial Council or the local government service, as the case may be;

(ii)

to Samurdhi beneficiaries and their families, in terms of the Samurdhi Authority of Sri Lanka

Act, No. 30 of 1995 ;

(iii)

to farmers, fishermen and persons engaged in self employment ;

(iv)

to the needy persons or groups of persons identified by the Minister from time to time on the recommendation of the Board, against unforseen helath risks, personal accident and damage to property through a contributory insurance scheme to be operated by the Board. Different schemes will be applicable in respect of the different categories of beneficiaries. The matters applicable in respect of the different schemes shall be prescribed ;

(b)

to promote beneficiary participation in share acquisition through the acquisition of equity interests in any incorporated company whose primary objective is to build dedicated wards for the provision of better health facilities or where available, to upgrade any wards presently providing such facilities ;

(c)

to guarantee loans of persons entitled to benefits and safeguards under this Act ;

(d)

to provide guarantees in respect of any property or category or class of property, of the government which the Minister may from time to time identify by Order published in the Gazette ; and

(e)

to do all such other acts or things as may be necessary for, or conducive to, the attainment of the objects above.

Part II

Staff of the Board

Part III

Miscellaneous