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8. Fund of the Corporation

Official 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 all moneys heretofore or hereafter received by way of gifts, testamentary dispositions, transfers, donations, subscriptions, contributions, fees or grants or any financial investment shall be deposited to the credit of the Corporation in one or more

Banks as may be determined by the Board.

(2)

All expenses incurred by the Corporation in exercising and discharging its powers and functions shall be paid out of the fund.