Finance Division is bound to fulfill the objectives formulated in relation to the National Youth Services Act No. 69 of 1979 of the Democratic Socialist Republic of Sri Lanka, to take action in terms of the Finance Act No. 38 of 1971 and also to be responsible to the Accounting Officers.

The main function/duty of the Division is to operate the accounting activities in conformity with the Financial Regulations and Establishment Code while following the circulars issued by the General Treasury.

Identification and monitoring of duties in terms of the how the authority has been delegated within the organizational structure, preparation of yearend accounting reports and submitting them to the Auditor General and the General Treasury are amongst the main functions of the Division.

 

Mode of Receiving Financial Provisions

• From the General Treasury

• Internal revenue sources

 

Role of the Finance Division

• The disbursement of Recurrent and Capital receipts from the General Treasury will be done in the following manner.

• Salaries and other recurrent expenses .

• Acquisition, maintenance and development of assets and youth development activities.

• Recording all receipts and payments in Cash Books.

• Submitting quarterly financial reports.

• Accounting of all revenue collections.

• Calculation of Annual Assets.

• Preparation of yearend Final Accounts and submitting them to the Auditor General and the General Treasury before 28 February of the following year.

 

Mr. H.M.C.G.Dayarathne,Director(Finance)