7.
| (1) The Board of Management shall establish a fund called the" Sri Lanka Samodaya Foundation Fund" (hereinafter referred to as "the Fund" ). |
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| (2) All moneys heretofore, or hereafter to be, received by way of gift, bequeath, device, donation, subscription, contribution, fees or grants for and on account of and for the purposes of the Corporation shall be deposited to the credit of the Fund in one or more banks as the Board of Management shall determine. |
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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 Corporation in the exercise, performance and discharge of its powers, duties and functions under this Act. |
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Sri Lanka Consolidated Acts