4. The following new sections are hereby inserted immediately after section 8 of the principal enactment and shall have effect as sections 8A and 8B of that enactment:-
| 8A. A court, before which an offender is convicted of an offence under this Act, may in respect of any fine imposed for such offence, direct that a sum not exceeding one- half of such fine or one-half of such amount as may be actually recovered from such offender, be paid to the Price Control Reward Fund established under this Act, |
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| 8B.
| | (1) A Fund to be called the Price Control Reward Fund (hereinafter referred to in this section as "the fund") is hereby established. | | |
| | (2) There shall be paid into the fund-
| | | (a) all sums directed to be paid thereto by a court or a Judge thereof under this Act or under any other written law, or by a Judge in his discretion ; and |
| (b) such other payments as may be made in accordance with regulations made in that behalf. |
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| | (3) There shall be paid out of the fund-
| | | (a) all payments given as rewards to such Price Control Inspectors and in accordance with regulations made in that behalf ; |
| (b) the expenses incurred in the administration of the fund ; and |
| (c) all payments as may be made in accordance with regulations made in that behalf. |
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| | (4) The Controller of Prices shall be responsible for the administration of the fund and the accounts of the fund shall be audited annually by the Auditor-General.", | | |
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Sri Lanka Consolidated Acts