Sri Lanka Consolidated Acts

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International Development Association Agreement Act (No. 7 of 1961) - Sect 5

Payments out of the Consolidated Fund

5. There shall be paid out of the Consolidated Fund of Ceylon-
(a) such sums as may be required to pay to the Association the initial subscription of Ceylon under Section 2 of Article II of the Articles;
(b) such sums as may, from time to time, become payable to the Association by Ceylon under the Articles; and
(c) such sums as may be required for the redemption of any notes or obligations created and issued to the Association under this Act.


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