33.
| (1) The revenue of the Institution shall consist of -
| | (a) moneys appropriated by Parliament under subsection (2); | | |
| | (b) any moneys received and accrued in the sale of its products and services; | | |
| | (c) any subsidies received from the Government as a result of a decision of the Government to prevent the Council from determining, during any particular period pricing policy for the Institution in respect of the sale of its products, services and publications; and | | |
| | (d) other sundry income including profits from the sale of capital assets. | | |
|
|
| (2) The Minister may, out of the sums of money appropriated by Parliament for the purpose, and subject to such conditions as the Minister in charge of the subject of Finance may impose, contribute annually for the purposes referred to in subsection (3) such an amount as the Minister, in consultation with the Minister in charge of the subject of Finance may determine. |
|
| (3) The moneys received under subsections (1) and (2) shall be utilized by the Institution to defray its annual running expenses, including the allowances of the members of the Council, and of any committee established under section 16, and of the Director-General and other members of staff of the Institution and any balance of those moneys remaining un expended at the end of the financial year of the Institution may, subject to the directions of the Council be used for defraying the running expenses of the next financial year of the Institution or utilized for such other objects for which the Institution is established. |
|
|
Sri Lanka Consolidated Acts