40
Personal Data Protection Act, No. 9 of 2022
PART VIII
FUND OF THE AUTHORITY
Fund of the
Authority
41. (1) The Authority shall have its own 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 by
Parliament for the use of the Authority ; and
(b) all such sums of money as may be received by the
Authority in the exercise, performance and
discharge of its powers, duties and functions under
this Act; and
(c) all such sums of money as may be paid as fees under
the provisions of this Act; and
(d) all such sums of money as may be received by the
Authority by way of gifts, grants or donations from
the Consolidated Fund, the Government, or a
foreign Government, State Agencies and from
multilateral and bilateral agencies whether within
or outside Sri Lanka.
(3) There shall be paid out of the Fund all such sums as
are required to defray expenditure incurred by the Authority
in the exercise, performance and discharge of its powers,
duties and functions under this Act or under any other written
law and all such sums as are required to be paid out of the
Fund.
(4) Monies belonging to the Fund of the Authority may
be invested by the Authority in such manner as may be
detemined by the Board.
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