Sri Lanka Consolidated Acts

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Motor Traffic (Amendment) Act (No. 44 of 1992) - Sect 2

Insertion of new section 124A in Chapter 203

2. The following new section is hereby inserted immediately after section 124 of the Motor Traffic Act (Chapter 203) (hereinafter referred to as the " principal enactment") and shall have effect as section 214A of that Act: "
124A.
(1) There shall be established for the purposes of this Act, a fund to be called the " Driving Licence Fund" (hereinafter referred to as the "Fund").
(2) There shall be paid into the Fund such part of the prescribed fee recovered under section 124, 126A, 128 or 213, as may be determined by the Minister from time to time, as the cost of the issue of driving licence cards.
(3) There shall be paid out of the Fund, all such sums of money as may be required to be paid in connection with the issue of driving licence cards.
(4) Any surplus remaining in the Fund may be used for such purposes as may be determined by the Minister having regard to the need for the promotion of road safety and prevention of accidents.
(5) The Commissioner shall be responsible for the administration of the Fund.
(6) The accounts of the Fund shall be audited by the Auditor-General.'.

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