Sri Lanka Consolidated Acts

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Regional Rural Development Banks Act (No. 15 of 1985) - Sect 27

Staff Development Fund

27. The Bank may establish, maintain, manage and control a Fund to be called a " Staff Development Fund" to enable the Bank to meet the expenditure incurred by the Board in securing specialised services and such expenditure incidental thereto and may from time to time, transfer to the Fund, out of the resources of the Bank, such sums of money as it may deem necessary to discharge the functions for which such a Fund is established.


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