Sri Lanka Consolidated Acts

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Dambadeniya Development Foundation (Incorporation) Act (No. 65 of 1992) - Sect 6

Fund of the Corporation

6.
(1) The Fund of the Corporation shall consist of"
(a) all money vested in the trustees of the Trust on the day preceding the date of commencement of this Act which shall vest in the Corporation on such date; and
(b) all money that may accrue to the Corporation after the date of commencement of this Act.
(2) All money lying to the credit of the Fund shall be utilised only to defray the expenses incurred in connection with the management of the affairs of the Corporation and the accomplishment of its objects.


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