Section 7
கருத்துகள் மற்றும் உதவிஅதிகாரப்பூர்வ ஆங்கில மொழிபெயர்ப்பு. சிங்கள அல்லது தமிழ் உரையிலிருந்து வேறுபடும் இடங்களில் எந்த உரை மேலோங்கும் என்பதைச் சட்டமே குறிப்பிடுகிறது.
The Committee of Management of the Corpora-Corporation.
tion shall cause proper books of account to be kept of the income and. expenditure of the Corporation,
The accounts of the Corporation shall be audited hy a qualified auditor appointed by the
Committee — of
Management of the Corporation.
In this section, “qualified auditor.” means—
an individual who, being a member of the
“Institute of Chartered Accountants of Sri
Lanka, or of any other Institute established by law, possesses a certificate to practise as an Accountant issued by the Council of such
Institute
; or
() a firm of Accountants each of the resident par-tners of which being a member of the Insti-tute of Chartered Accountants of Sri Lanka or-of any other Institute established by law, possesses, a certificate to practice as an .
Accountant issued by the Council of such
Institute,
Ambalangoda Deshapremi Sanvidhanaya 5
(Incorporation) Act, No. 47 of 1992
% (1) The Corporation shall be able and. capable in law to acquire by purchase, gift, bequest, grant, devise, dis-Power of to acquire property and raise money, position, exchange or in any other manner and to hold any movable or immovable property and to dispose of any such property acquired or held by the Corporation.
The Corporation’ shall have the power to borrow cr raise money necessary for the furtherance of its
‘objects on any security and to secure the discharge of any .
debt or obligation of the Corporation in such manner as-may be deemed fit.
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The Corporation may ‘raise funds and receive sub-scriptions, grants, donations, and gifts in cash or kind,
-whether from local or foreign sources.
id) All property movable and ‘immovable, acquired or held by the Corporation and all moneys paid to or received’
‘by the Corporation under this Act or rules made there-under shall be held, used and applied by the Corporation in accordance with the rules, for the furtherance of its odjects.