As enactedVersion · As enacted
8. Fund of the Corporation
Feedback & supportOfficial English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
(1)
The Corporation shall have its own:fund and the
‘Financial year shall be from the first day of January of any year to the thirty first day of December of the same year.
(2)
All moneys received by way of gift. bequest. donation, subscription. contribution fees or grants for and on account of the Corporation shall be deposited in a bank approved by the Board of Trustces to the credit of the Corporation.
In addition, the Board of ‘Trustees shall determine a
Government approved bank in which the money can be deposited in savings or in a current account.