16.
| (1) The corporation shall have its own Fund. |
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| (2) There shall be paid into the Fund
| | (a) the sum paid to the corporation under section 13 ; | | |
| | (b) all sums received by the corporation as premiums in respect of the policies of insurance issued by the corporation ; and | | |
| | (c) all sums of money received by the corporation in the carrying on of its business or in the exercise, discharge and performance of its powers, functions and duties under this Act. | | |
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| (3) There shall be paid out of the Fund of the corporation -
| | (a) all sums of money required for the discharge of the liabilities of the corporation under the policies of insurance issued by the corporation ; and | | |
| | (b) all sums of money required to defray any expenditure incurred by the corporation in the carrying on of its business or in the exercise, discharge and performance of its powers, functions and duties under this Act. | | |
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Sri Lanka Consolidated Acts