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6. The UNESCO Fund Account

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

The Board shall maintain an account called “The

UNESCO Scholorship Fund Account” at a licensed

Commercial Bank within the meaning of the Banking Act, No.30

of 1988 and there shall be credited to such account -

(a)

all monies which are vested in the Fund by reason of the operation of section 5 ;

(b)

any grants, gifts or donations of money made to the Fund ;

(c)

any income from investments or other receipts due to the Fund ; or

(d)

any income from sale of books and other income from various fund raising activities carried out by the Fund ;

(e)

all other monies that may accrue to the Fund after the date of commencement of this Act.