Vocational Training Authority of Sri Lanka Act (No. 12 of 1995)

Sri Lanka Consolidated Acts

Vocational Training Development Fund

20.

(1) There shall be established a fund to be called the Vocational Training Development Fund (hereinafter referred to as " the Fund ".

(2) There shall be paid into the Fund-

	(a) all such sums of money as may be voted from time to time by Parliament for the use of the Authority;

	(b) all sums lying to the credit of the Manpower Division and the Foreman Training Institute on the day immediately preceding the appointed date;

	(c) all sums collected as fees, levies and charges in respect of vocational training or services, provided by the Authority under this Act;

	(d) all such sums of money as may be received by the Authority by way of grants, or donations;

	(e) all other sums received by the Authority in the exercise and discharge of its powers and functions under this Act.