Sri Lanka Consolidated Acts

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Samurdhi Authority Of Sri Lanka Act (No. 30 of 1995) - Sect 15

Fund of the Authority

15.
(1) The Authority shall have it's own Fund (hereinafter referred to aa "the Fund")-
(2) There shall be paid into, the Fund-
(a) all such sums of money as may be voted from time to time by Parliament for the use of the Authority ;
(b) all sums of money received by the Authority from any source, as gifts and donations to the Fund ;
(c) all sums of money received by the Authority as Income from any property owned or administered by, the Authority; and
(d)all sums of money derived by the Authority in the exercise of the powers, and the discharge of it's functions under this Act.
(3) There shall be paid out of the Fund, all sums of money required to defray expenditure incurred by the Authority in the exercise, performance and discharge, of it's powers, duties and functions under this Act, and all sums of money required to be paid out of the Fund, by or under this Act.


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