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8. Funds 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 received by way of gifts, testamentary dispositions, transfers, donations or contributions shall be deposited to the credit of the Fund of the Corporation in one or more banks as may be decided by the Executive Committee of the

Corporation.

(2)

All expenses incurred by the Corporation in the exercise, performance and discharge of the powers, functions and duties of the Corporation shall be paid out of the fund of the Corporation.