13.
| (1) There shall be established a fund to be called the Export Development Fund (hereinafter referred to as "the Fund "). There shall be credited to the Fund-
| | (a) all such sums of money as may be voted from time to time by Parliament for the use of the Board; | | |
| | (b) all such sums of money as may be received by the Board in the exercise, performance and discharge of its powers, duties and functions ; | | |
| | (c) all such sums of money as may be received by the Board by way of loans, donations, gifts, or grants from any sources whatsoever, whether in or out-side Sri Lanka ; and | | |
| | (d) the proceeds of all cess imposed under this Act on imports or on any exports. | | |
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| (2) There shall be paid out of the Fund all such sums of money required to defray any expenditure incurred by the Board in the exercise, performance and discharge of its powers, duties and functions. |
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| (3) The initial development Fund of the Board shall be eighty million rupees, The amount of the initial Fund shall be paid out of the Consolidated Fund in such instalments as the Minister in charge of the subject of Finance may in consultation with the Minister determine and such sums shall be credited to the Fund. |
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Sri Lanka Consolidated Acts