Sri Lanka Consolidated Acts

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Sri Lanka Institute Of Printing Act (No. 18 of 1984) - Sect 21

The Fund of the Institute

21.
(1) The Institute shall have and maintain its own fund.
(2) There shall be credited to the Fund of the Institute -
(a) all such sums of money as may be provided by such organizations as are concerned with the establishment of the Institute ;
(b) all such sums of money as may be received by the Institute in the exercise, performance and discharge of its powers, duties and functions ; and
(c) all such sums of money as may be received by the Institute by way of income, loans, donations, gifts or grants from any source whatsoever whether in or outside Sri Lanka.
(3) There shall be paid out of the Fund of the Institute all such sums of money required to defray any expenditure incurred by the Institute, in the exercise, performance and discharge of its powers, duties and functions.


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