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Part IV · National Fund for Women

34. Establishment of the National Fund for Women

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

(1)

There shall be established for the purposes of this

Act, a Fund to be called the “National Fund for Women”

(hereinafter referred to as the “ Fund”).

(2)

The power of administration and management of the

Fund shall be vested with the Commission.

(3)

There shall be paid into the Fund –

(a)

all such sums of money as shall be voted from time to time by Parliament for the use of the Commission;

(b)

all such sums of money as may be received by the

Commission by way of aid, gift, grants, donations or bequests from any source whatsoever, whether in Sri Lanka or abroad with the approval of the

Department of External Resources; or

(c)

all such sums of money as may be received by the

Commission by way of proceeds from the sale of any movable or immovable property of the

Commission.

(4)

There shall be paid out of the Fund –

(a)

all such sums of money as are required to defray any expenditure incurred by the Commission, in the exercise, performance and discharge of its powers, duties and functions under this Act;

(b)

all such sums of money as are auhtorized by the

Commission to make any ex-gratia payments to any individual or organization in recognition of any exceptional or outstanding contribution to the cause of women’s rights; or

(c)

all such sums of money as are required to be paid out of the Fund, by or under this Act.