7.
| (1) The Corporation shall have its own fund and all moneys received by way of gift, request, donation, subscription, contribution, fees or grants for and on account of the Corporation shall be deposited to the credit of the Corporation in one or more banks as the Council shall determine. |
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| (2) The corporation may establish a depreciation fund or a sinking fund for the purpose of rehabilitation development or improvement of the property of the Corporation. |
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| (3) There shall be paid out of the fund all sums of money to defray any expenditure incurred by the Corporation in the exercise performance and discharge of its powers, duties and functions under this Act. |
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Sri Lanka Consolidated Acts