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Contents

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.

(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)

such funds as may be provided by the State to enable the Authority to discharge the functions assigned to it by this Act;

(c)

such sums of money that may be raised by the

Authority in accordance with the provisions of this Act;

(d)

all other sums accruing to the credit of the

Authority; and

(e)

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

(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, discharge and performance of its powers, functions and duties.

(4)

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

Cross - Border Insolvency

Part XV

Part XVI

Part XVII

Schedules