Sri Lanka Consolidated Acts

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National Insurance Trust Fund Act (No. 28 of 2006) - Sect 12

The objectives of the Board

12. The objectives of the Board shall be-
(a) to provide benefits and safeguards-
(i) to public officers, provincial public service officers and local government service officers and to persons retired from the public service, the provincial public service and the local government service, and who are presently in receipt of a pension from the government, the Provincial Council or the local government service, as the case may be;
(ii) to Samurdhi beneficiaries and their families, in terms of the Samurdhi Authority of Sri Lanka Act, No. 30 of 1995 ;
(iii) to farmers, fishermen and persons engaged in self employment ;
(iv) to the needy persons or groups of persons identified by the Minister from time to time on the recommendation of the Board,
(b) to promote beneficiary participation in share acquisition through the acquisition of equity interests in any incorporated company whose primary objective is to build dedicated wards for the provision of better health facilities or where available, to upgrade any wards presently providing such facilities ;
(c) to guarantee loans of persons entitled to benefits and safeguards under this Act ;
(d) to provide guarantees in respect of any property or category or class of property, of the government which the Minister may from time to time identify by Order published in the Gazette ; and
(e) to do all such other acts or things as may be necessary for, or conducive to, the attainment of the objects above.


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