Amendment status not verified — confirm the current text below against the official source.
Proviso omitted by Act No. 5 of 2010. Powers and functions of the Sports Authority. [Act No.4 of 1988] 5 (f) to approve the budget estimates and revised budget estimates of the Sports Authority; (g) to raise loans from financial institutions and Banks on Government security; (h) to raise finances by leasing out the properties owned by or vested in it in the manner prescribed; (i) to augment the income of the Sports Authority by conducting tournaments, matches, test matches and other sports events and arranging sale of tickets in connection therewith; (j) to accept endowments, bequests, donations, trophies, grants and transfer of any movable and immovable properties made to the Sports Authority; (k) to approve and present audited statement of accounts and utilisation certificates of the Sports Authority to the Government; (l) to approve the audited statements of Accounts of all the District Authorities and submit the same to the Government together with the utilisation certificate; (m) to co-ordinate all games, sports and physical education activities in all educational institutions whether or not receiving grants from the Government and to supervise that the funds allotted to these institutions for the promotion of sports and games and physical education are properly utilised; and (n) to exercise such other powers and perform such other functions as may be conferred or enjoined upon it by or under this Act. 6 [Act No. 4 of 1988]