27. The Minister may pay out of the Fund such sums of money as the Minister may determine-
| (a) for the encouragement, promotion and development of any sport in Sri Lanka; |
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| (b) as ex gratia payments to present or past participants in sports in recognition of any exceptional contribution to sports; |
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| (c) for investing in any fixed deposits in any bank or in any Government loans or debentures; and |
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| (d) for the purpose of carrying out or giving effect to the provisions of this Law. |
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Sri Lanka Consolidated Acts