19.
(1) There shall be established a Fund to be called the National Fund for the Welfare of Elders (hereinafter referred to as the "Fund") |
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(2) There shall be paid into the Fund-
| | (a) all such sums of money as may be voted from time to time by Parliament; | | |
| | (b) all such sums of money as may be received by the Council by way of donations, or bequests, aid or grants from any source whatsoever, whether in Sri Lanka or abroad ; | | |
| | (c) all such sums of money as may be received by the Council by way of proceeds from the sale of any movable or immovable property of the Council ; | | |
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(3) There shall be paid out of the Fund-
| | (a) all such sums of money as are required to defray any expenditure incurred by the Council, in the exercise, performance and discharge of its powers, duties and functions under this Act ; | | |
| | (b) all such sums of money as are authorised by the Council to make any exgratia payment to any individual or organization in recognition of any exceptional or outstanding contribution made by such individual or organization towards the upliftment or improvement of the status of elders ; | | |
| | (c) all such sums of money as are required to be paid out of such fund, by or under this Act. | | |
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