Sri Lanka Consolidated Acts

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Sports Law (No. 25 of 1973) - Sect 25

Administration of the Fund

25.
(1) The Fund shall be under the control and administration of the Minister and shall be administered by the Secretary to the Ministry subject to the directions of the Minister.
(2) The Secretary to the Ministry shall, as soon as possible, after the end of each calendar year prepare a report on the administration of the Fund.
(3) The Secretary to the Ministry shall cause to be maintained a full and appropriate account of the Fund.
(4) The provisions of Part II of the Finance Act, No. 38 of 1971, shall, mutatis mutandis, apply to the financial control and accounts of the Fund.
(5) The financial year of the Fund shall be calendar year.


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