Sri Lanka Consolidated Acts

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Muslim Mosques And Charitable Trusts Or Wakfs Act (No. 51 of 1956) - Sect 25

Investment of moneys of mosque

19.
(1) No moneys of a mosque shall be invested in such manner as may earn interest.
(2) Subject to the provisions of subsection (1), the trustee of a mosque may, with the approval of the board-
(a) purchase movable or immovable property out of the moneys of the mosque; and
(b) invest such moneys in any other manner.

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