Sri Lanka Consolidated Acts

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National Institute Of Business Management Law (No. 23 of 1976) - Sect 22

The Fund of the Institute

22.
(1) The Institute shall have its own fund.
(2) There shall be credited to the fund of the Institute: -
(a) all such sums of money as may be voted from time to time by the National State Assembly for the use of the Institute; and
(b) all sums of money received by the Institute in the exercise, discharge and performance of its functions, powers and duties.
(3) All sums of money required to defray any expenditure incurred by the Board in the exercise, discharge and performance of its functions, powers and duties shall be charged on the fund,


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