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As enacted
Contents

Part III · Finance

18. Fund of the Authority

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

(1)

The Authority shall have its own Fund.

(2)

There shall be paid into the Fund -

(a)

all such sums of money as may be voted upon from time to time by Parliament for the use of the Authority;

(b)

all such sums of money as may be received by the Authority by way of charges and levied for services provided by the Authority under this

Act;

(c)

all such sums of money as may be received by the Authority in the exercise, performance and discharge of its powers and functions under this Act;

(d)

all such sums of money as may be received by the Authority by way of loans, donations, gifts and grants ;

(e)

all such sums of money accruing to the credit of the Authority; and

(f)

all such sums of money received by alienating, leasing or renting of property owned by the

Authority.

(3)

There shall be paid out of the Fund all such sums of money required to defray the expenditure incurred by the

Authority in the exercise and performance of its powers and functions under this Act.

Part IV

General

Part V

General

Part VI

Rules and Regulations

Part VII

Repeals and Transitional Provisions

Part VIII

Interpretation