16.
| (1) For the, purposes 'of this Act there shall be established the Sri Lanka Council for Agricultural Research Policy Fund (hereinafter referred to as the" Fund") to be administered by the Council in accordance with the provisions of this Act. |
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| (2) There shall be paid into the Fund.
| | (a) all such sums of money as may be voted from time to time by Parliament for the use of the Council, | | |
| | (b) all such sums of money as may be received by the Council in the exercise, performance and discharge, of its powers, duties and functions; and | | |
| | (c) all such sums of money as may be received by the Council by way of loans, donations, gifts 'or grants from any source whatsoever, whether in or outside Sri Lanka. | | |
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| (3) There shall be paid out of the Fund, all sums of money required to' defray any expenditure incurred by the Council in the exercise, performance and discharge of its powers duties and functions under this Act and any other expense which is authorized or required to be paid out 'of the Fund by any other provisions of this Act. |
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Sri Lanka Consolidated Acts