Sri Lanka Consolidated Acts

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Paddy Marketing Board Act (No. 14 of 1971) - Sect 24

The Fund of the Board

24.
(1) The Board shall have its own Fund.
(2) There shall be paid into the Fund of the Board-
(a) all such sums of money as may be voted from time to time by Parliament for the use of the Board;
(b) all such sums of money as may be advanced from time to time by the Minister to the Board; and
(c) all such sums of money received by the Board in the exercise, discharge and performance of its powers and duties.
(3) There shall be paid out of the Fund of the Board all sums of money required to defray the expenditure incurred by the Board in the exercise, discharge and performance of its functions, powers and duties under this Act or any other written law and all such sums of money as are required to be paid out of such Fund by or under this Act.


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