5. The aims and objects of the Fund shall be
| (a) to provide higher educational facilities to youth; |
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| (b) to provide assistance to deserving youth who have completed their secondary education satisfactorily, so as to enable them to complete their academic, industrial or technical education at a University or technical or higher educational institute, as the case may be ; |
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| (c) to set up and assist in the setting up and management of vocational training institutes for enabling youth to develop their vocational skills and competence; |
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| (d) to set up and assist in the management and conduct of schools, institutes, foundations and similar institutions engaged in the furtherance of education; and |
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| (e) to provide assistance for the development and improvement of the skills and competence of lecturers, teachers, and such persons engaged in the furtherance of education. |
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Sri Lanka Consolidated Acts