Sri Lanka Consolidated Acts

[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]

Sri Lanka Accreditation Board for Conformity Assessment Act (No. 32 of 2005) - Sect 26

Fund of the Board

26.
(1) The Board shall have its own Fund.
(2) There shall be paid into the Fund of the Board,
(a) all such sums of money as may be voted by Parliament, for the use of the Board;
(b) all such sums of money as may be received by the Board in respect of services rendered by it under this Act;
(c) all such sums of money as may be received by the Board as donations or grants from any source whatsoever, whether in Sri Lanka or abroad;
(d) all such sums of money as may be received by the Board in the exercise of its' powers, and the performance of its' duties, under this Act, including any sums of money realized by the sale of any movable or immovable property of the Board.
(3) There shall be paid out of the Fund of the Board -
(a) all such sums of money as are required to defray any expenditure incurred by the Board in the exercise of its' powers and the performance of its' duties, under this Act; and
(b) all such sums of money as are required, by any provision of this Act, to be paid out of the Fund of the Board; and
(c) all such sums as are required under the Employees Provident Fund Act, No. 15 of 1958 and the Employees Trust Fund Act, No. 46 of 1980 to be paid as contributions respectively, to the Employees Provident Fund and the Employees Trust Fund established by the aforesaid Acts.


[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]