60.
| (1) The initial capital of the Board shall be such sum as: may be granted to the Board by resolution of Parliament from the Consolidated Fund. |
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| (2) The capital of the Board may be increased from time: to time by such amount as maybe authorized by resolution of Parliament, and that amount, shall be paid or made available to the Board by way of grant or loan on such terms and conditions as may be determined by the Minister in charge of the subject of Finance. |
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| (3)The nett value of all movable and immovable property and all assests and liabilities transferred to the Board under section 48, or any part of the nett value of such movable and immovable property and assets and liabilities may be deemed to form part of the amount of the increase in the capital of the Board referred to in subsection (2). |
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Sri Lanka Consolidated Acts