8. Fund of the Corporation
கருத்துகள் மற்றும் உதவிஅதிகாரப்பூர்வ ஆங்கில மொழிபெயர்ப்பு. சிங்கள உரை மேலோங்கும். அதிகாரப்பூர்வ Sinhala உரையைத் திறக்கவும், documents.gov.lk-இல் அதிகாரப்பூர்வ PDF
The Corporation shall have its own fund and all moneys heretofore or hereafter to be received by way of gift, bequest, donation, subscription, contribution, fees or grants, for or and on account of the Corporation shall be deposited to the credit of the Corporation in one or more banks as the
Corporation shall determine.
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Siraj Arabic College, Oddamavadi
(Incorporation) Act, No. 37 af 2000
There shall be paid out of the fund, all sums of money required to defray any expenditure incurred by the
Corporation in the exercise and discharge of its powers and functions under this Act.
The moneys and property of the Corporation, whcresoever derived shall be applied solely towards the promotion of the objects as setforth herein and no portion thereof shall be paid or transferred directly or indirectly, by way of dividend, bonus or otherwise howsoever by way of
Profit to the members of the Corporation.