Motto of Financial Division
Implementation and maintaining a proper financial management (transaction) method in order to fulfill all the objectives of the Co-operative Development Department.
Objectives
Duties
Core values
Financial Reporting
Main functions of the Consolidated Fund
Establishment of the Fund
Administration
Co-operative education, activities of expansion and promotion Improving managerial efficiency of Co-operative societies
Objectives
Establishment of the Fund
This fund has been established in terms of the provisions stipulated in 57(3) in the Co-operative Act No. 5 of 1972 and this Co-operative Surplus Fund is financed by utilizing the surplus for which any creditor of a liquidated society has not claimed for his rights under the scheme of dividing assets as mentioned from 44(i) to 44(iii) in the gazette extraordinary No. 93/5 dated 10th January, 1974.
Administration
Subject to the administration of the Co-operative Societies, the amount credited to the Surplus Fund under the administration of the Co-operative Society Registrar can be utilized for the subject matters of the Act.
Objectives
Main functions of Co-operative Development fund and Co-operative Surplus Fund
For More Details
Mrs.T.M.E.H. Sarathchandra
Accountant
Telephone: +94 11 243 0263 (Ext-214)
Mobile: +94 70 272 7517
Fax: +94 11 243 0263
Email: dcd.accn@gmail.com