Sri Lanka Consolidated Acts

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Reconstruction And Rehabilitation Fund Act (No. 58 of 1993) - Sect 5

The Reconstruction and Rehabilitation Fund Account

5.
(1) The Board shall maintain an account called " The Reconstruction and Rehabilitation Fund Account" at the Central Bank and there shall be credited to such account
(a) all sums of money that may accrue to the Fund after the date of commencement of this Act;
(b) all sums of money that may be received by the Fund, by way of donations, grants or gifts from any source whatsoever.
(2) It is hereby declared that a donation in money to the Fund is, for the purpose of the application of the Inland Revenue Act, No. 28 of 1979, a donation made in money to a Fund established by the Government.


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