16.
| (1) The Institute shall have its own Fund. |
|
| (2) There shall be put into the Fund of the Institute
| | (a) all such sums of money as may be received by the Institute in the exercise, performance and discharge of its powers, duties and functions ; | | |
| | (b) all such sums of money as may be received by the Institute by way of fees, grants, donations, gifts, bequests from any source whatsoever, whether domestic or foreign ; and | | |
| | (c) all sums of money borrowed by the Institute. | | |
|
|
| (3) There shall be paid out of the Fund, all such sums of money as may be required to defray any expenditure incurred by the Institute in the exercise, performance and discharge of its powers, duties and functions. |
|
|
Sri Lanka Consolidated Acts