Sri Lanka Consolidated Acts

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National Aquatic Resources Research And Development Agency Act (No. 54 of 1981) - Sect 29

The Fund of the Agency

29.
(1) The Agency shall have and maintain its own Fund.
(2) There shall be paid into the Fund of the Agency
(a) all sums of money as may be voted from time to time by Parliament for the use of the Agency;
(b) all sums of money received by the Agency in the exercise, performance and discharge of its powers, duties and functions; and
(c) all sums of money as may be received by the Agency with the approval of the Minister by way of donations, gifts or grants from any source whatsoever whether local or foreign.
(3) There shall be paid out of the Fund of the Agency all sums of money required to defray any expenditure incurred by the Agency in the exercise, performance and discharge of its powers, duties and functions.


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