Sri Lanka Consolidated Acts

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Securities Council Act (No. 36 of 1987) - Sect 35

Fund of the Council

35.
(1) The Council shall have its own Fund.
(2) There shall be paid into the Fund-
(a) all such sums of money as may be voted upon from time to time by Parliament for the use of the Council ;
(b) all ,sums of money as may be paid as fees under section 15 and section 20 ;
(c) all such sums of money as may be received by the Council by way of donations, gifts or grants from any source whatsoever, whether in or outside Sri Lanka.
(3) There shall be paid out of the Fund all such sums of money required to defray the expenditure incurred by the Council in the exercise, discharge and performance of its powers functions and duties.


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