Sri Lanka Consolidated Acts

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Tourism Act (No. 38 of 2005) - Sect 19

Fund of the Authority

19.
(1) There shall be a Fund established for the general financial purposes of the Authority. There shall be paid into the Fund :-
(a) all such money as may be voted by Parliament for the management and administration of the affairs of the Authority ;
(b) all rates, duties, fees and charges levied by the Authority under the regulations or rules made or deemed to be made under the provisions of this Act or in the exercise of any powers conferred on the Authority by or under this Act ;
(c) all revenue derived by the Authority from any property vested in or administered by the Authority ;
(d) all revenue derived by the Authority from services provided by the Authority ;
(e) all money received by way of charges for services provided by the Authority or on behalf of the Authority by an authorized agent, and for any certificate, license or approval granted by it for the purposes stated in the Act ; and
(f) all other sums otherwise accruing to the credit of the Authority.
(2) The Authority shall make rules, with the concurrence of the Minister, for the withdrawal of any moneys from the Fund and no sum shall be withdrawn from the Fund except in accordance with such rules.

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