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| SPECIAL FUND (VOLUNTARY CONTRIBUTIONS FOR CHARITABLE PURPOSES) |
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AN ACT TO MAKE PROVISION FOR THE ESTABLISHMENT OF A SPECIAL FUND TO RECEIVE VOLUNTARY CONTRIBUTIONS IN MONEY MADE TO THE GOVERNMENT FOR SPECIFIED CHARITABLE PURPOSES, AND TO PROVIDE FOR MATTERS CONNECTED THEREWITH OR INCIDENTAL THERETO.
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[19th October
, 1971 ]
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Short title.
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1. This Act may be cited as the Special Fund (Voluntary Contributions for Charitable Purposes) Act *.(* Sections 25 and 26 of the Finance Act, No. 38 of 1971, are renumbered sections 2 and 3 and reproduced under the title ” Special Fund (Voluntary Contributions for Charitable Purposes) Act “.)
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Establishment of special deposit accounts to receive voluntary contributions in money made to the Government for specified charitable purposes.
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2.
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(1) Any voluntary contribution made to the Government for any specified charitable purpose may be held in deposit in one or more accounts in the General Treasury, or in any such Kachcheri in the Island as may be determined by the Minister in charge of the subject of Finance.
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(2) The expression ” charitable purpose ” in subsection (1) means-
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(a) the relief of poverty or distress;
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(c) the advancement of education or knowledge; or
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(d) any other purpose beneficial to the public or any section of the public.
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Payments from deposited accounts.
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3. Payments may be made from any deposit account established under section2 by the Deputy Secretary to the Treasury, or by an officer authorized by such Deputy Secretary in that behalf, subject to the general directions and control of the Minister in charge of the subject of Finance.
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