Sri Lanka Consolidated Acts

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Sri Lanka Rupavahini Corporation Act (No. 6 of 1982) - Sect 13

The Fund of the Corporation

13.
(1) The Corporation shall have its own Fund.
(2) There shall be paid into the Fund of the Corporation
(a) all such sums of money as may be voted from time to time by Parliament for the use of the Corporation;
(b) all such sums of money as may be advanced to the Corporation from time to time by the Minister in charge of the subject of Finance ;
(c) all sums of money received by the Corporation in the exercise, performance and discharge of its powers, duties and functions;
(d) all fees received each year under the Telecommunications Ordinance for the issue and renewal of television licences as may be determined by the Minister in consultation with the Minister in charge of the subject of Finance ; and
(e) all other sums of money as are required by this Act or any regulation made thereunder to be paid to such Fund by the Corporation.
(3) There shall be paid out of the Fund of the Corporation all sums of money required to defray any expenditure incurred by the Corporation in the exercise, performance and discharge of its powers, duties and functions under this Act or any other written law and all such sums of money as are required to be paid out of such Fund by or under this Act.

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