Sri Lanka Consolidated Acts

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Pradeshiya Sabhas Act (No. 15 of 1987) - Sect 129

Pradeshiya Sabha Fund

129.
(1) Every Pradeshiya Sabha shall for its general financial purposes establish a Pradeshiya Sabha Fund.
(2) There shall be payable into the Pradeshiya Sabha Fund
(a) the fines and penalties enumerated in the First Schedule'
(b) the amount of all stamp duties enumerated in the Second Schedule;
(c) subject to any special appropriation made by the Minister, all general or special grants allocated to the Pradeshiya Sabha by the Minister;
(d) any special grant allocated to the Pradeshiya Sabha by the Minister, in order to ensure that the revenue available to the Sabha is equal to the proposed expenditure of the Sabha;
(e) all rates, taxes, duties, fees and other charges levied under the authority of this .Act or of all other written law;
(f) all sums realized by sales, leases or other transactions of the Pradeshiya Sabha ;
(g) all revenue derived by the Pradeshiya Sabha from any property vested in the Pradeshiya Sabha of by the administration of any public service;
(h) all sums derived from any source of revenue made over to any local authority to which the Pradeshiya Sabha is the successor in pursuance or in supposed pursuance of any repealed enactment;
(i) all sums and all sources of revenue from time to time appropriated or made over, to the Pradeshiya Sabha by Parliament whether by resolution or otherwise;
(j) all sums borrowed by the Pradeshiya Sabhas in the exercise of its powers under this Act;
(k) all sums otherwise accruing to the Pradeshiya Sabha in the course of the exercise of Its powers and duties.


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