Sri Lanka Consolidated Acts

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Sri Lanka Press Council Law (No. 5 of 1973) - Sect 19

The Fund of the Council

19.
(1) The Council shall have its own Fund.
(2) There shall be paid into the Fund of the Council-
(a) all such sums of money as may be voted from time to time by the National State Assembly for use of the Council;
(b) all sums of money received by the Council in the exercise, discharge and performance of its functions, powers and duties including any registration fees that may be recovered from proprietors of newspapers in terms of regulations made under this Law; and
(c) all donations, gifts or grants from any source whatsoever.
(3) There shall be paid out of the Fund of the Council all sums of money required to defray any expenditure incurred by the Council in the exercise, discharge and performance of its functions, powers and duties, and all such sums of money as are required to be paid out of such Fund by or under this Law.


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