Sri Lanka Consolidated Acts

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Employees' Trust Fund Act (No. 46 of 1980) - Sect 9

Investments

9.The Board may utilize any money in the Fund for the purpose of securing shares for employees in any undertaking with a view to promoting employee participation in the management of such undertaking or with the approval of the Cabinet of Ministers, for the purpose of establishing and operating commercial or industrial enterprises or the development of immovable property, with a view to generating income for the benefit of employees.


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