Sri Lanka Consolidated Acts

[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]

Computer And Information Technology Council Of Sri Lanka Act (No. 10 of 1984) - Sect 10

Fund of the Council

10.
(1) The Council shall have its own Fund.
(2) There shall be paid into the Fund of the Council--
(a) all such sums of money as may be voted from time- to time by Parliament for the use of the Council;
(b) all such sums of money as may be received by the Council in the exercise, performance and discharge of its powers, duties and functions ;
(c) all such sums of money as may be received by the Council by way of loans, donations, gifts and grants from any source whatsoever ;
(d) all such sums of money as are recovered under section 12 ; and
(e) all such sums of money as are authorized or required to be paid into the Fund by any other provision of this Act.
(3) There shall be paid out of the Fund of the Council, all sums of money required to defray any expenditure incurred by the Council in the exercise, performance and discharge of its powers, duties and functions under this Act, and any other expense which is authorized or required to be paid out of the Fund by any other provision of this Act.


[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]