Rescue, Rehabilitation and Insolvency (Corporate and Personal) Act 2026 · As enacted · Part I
6. Fund of the Authority
Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
Official translationFrom Department of Government Printing, unchanged
The Authority shall have its own Fund.
There shall be paid into the Fund –
all such sums of money as may be voted upon from time to time by Parliament for the use of the
Authority;
such funds as may be provided by the State to enable the Authority to discharge the functions assigned to it by this Act;
such sums of money that may be raised by the
Authority in accordance with the provisions of this Act;
all other sums accruing to the credit of the
Authority; and
all such sums of money as may be received by the Authority by way of donations, gifts or grants from the Consolidated Fund, the Government or from a foreign Government, State Agencies and multilateral and bilateral agencies whether within or outside Sri Lanka, provided that the funds are channelled through the Department of External
Resources as may be necessary.
Rescue, Rehabilitation and Insolvency
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, discharge and performance of its powers, functions and duties.
Monies belonging to the Fund of the Authority may be invested by the Authority in such manner as may be determined by the Authority.
Part II
Personal Insolvency: Principles
Part III
Debt Protection Moratorium Order
Part IV
Debt Restructuring Arrangements
Part V
Debt Rehabilitation Orders
Part VI
Part VII
Personal Insolvency Register
Part VIII
Part IX
Part X
Compromises
Part XI
Micro Small Medium Enterprise (MSME) Company Debt Restructuring Arrangements
Part XII
Part XIII
Part XIV