25.
| (1) The initial capital of the Corporation shall be ten million rupees. |
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| (2) The amount of the initial capital of the Corporation shall be paid to the Corporation out of the Consolidated Fund of Ceylon in such installments as the Minister of Finance may, after consultation with the Minister, determine. |
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| (3) The capital of the Corporation may be increased from time to time by such amount as may be determined by resolution of the House of Representatives and that amount shall be paid out of the Consolidated Fund of Ceylon. |
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| (4) The capital of the Corporation contributed by the Government by way of grants shall not be reduced except in such manner as may be determined by resolution of the House of Representatives. |
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| (5) The Board of Directors may request the Minister for such advances from the Consolidated Fund of Ceylon as may be necessary for meeting the obligations of the Corporation or the discharge of its duties under this Act and the Minister may in consultation with the Minister of Finance authorize such advances as may be required by way of loan carrying interest, repayable in such instalments and under such terms and conditions as may be determined by the Minister of Finance. |
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Sri Lanka Consolidated Acts