Sri Lanka Consolidated Acts

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Farmers Pension And Social Security Benefit Scheme Act (No. 12 of 1987) - Sect 25

Farmers Pension and Social Security Benefit Funds

25.
(1) There shall be established a Farmers' Pension and Social Security Benefit Fund (hereinafter referred to as the" Fund ").
(2) There shall be paid into the Fund
(a) such sums of money as may be voted from time to time by Parliament for the operation of the Scheme;
(b) such sums of money as may be advanced to the Board from time to time by the Minister in charge of the subject of Finance;
(c) all sums of money received by the Board in the exercise, performance and discharge of its powers, duties and functions under this Act;
(d) all sums of money paid as contributions to the Scheme by the contributors to the Scheme;
(e) all sums of money received from any source as gifts and donations to the Fund; and
(f) all sums of money earned as interest or profits from investments.
(3) There shall be paid out of the Fund all sums of money required to defray any expenditure incurred by the Committee and the Board in the exercise, discharge and performance of the powers, duties and functions of the Commit tee and the Board under this Act and the sums of money required to be paid out of the Fund by or under this Act.


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