Sri Lanka Consolidated Acts

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Textile Training And Services Centre Act (No. 4 of 1984) - Sect 23

Fund of the Centre

23.
(1) The Centre shall have its own Fund.
(2) There shall be paid into the Fund all such sums of money as may be received by the Centre by way of
(a) payments required to be made into such Fund by or under this Act;
(b) fees collected from members on registration; and
(c) fees charged for services rendered or provided by the Centre.
(3) There shall be paid out of the Fund of the Centre, all such sums of money required to defray any expenditure incurred by the Centre in the exercise, performance and discharge of its powers, duties and functions.


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