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As enacted
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Contents

Part IV · Finance

20. Fund of the Authority

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

(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 in the exercise, performance and discharge of its powers and functions under this Act;

(c)

all such sums of money as may be received by the Authority by way of loans, donations, gifts or grants from any source whatsoever;

(d)

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 of the Authority all such sums of money required to defray the expenditure incurred by the Authority in the exercise, performance and discharge of its powers, duties and functions under this Act.

Read on from s 21

Part V

General

Read on from Part V