KALPAWRUKSHA DEVELOPMENT FOUNDATION (INCORPORATION) ACT

Arrangement of Sections

1.        Short title.

2.        Incorporation of the Kalpawruksha Development Foundation.

3.        General objects of the Corporation.

4.        Corporation to ensure no conflict with work of Ministry or Department of the  Government or Province.

5.        Management of the affairs of the Corporation.

6.        Powers of the corporation.

7.        Rules of the Corporation.

8.        Register of members.

9.        Fund of the Corporation.

10.      Accounts and auditing.

11.      Annual Report.

12.      Debts due by and payable to the Foundation.

13.      Corporation may hold property movable and immovable.

14.      Application of moneys and property.

15.      Seal of the Corporation.

16.      Property remaining on dissolution.

17.      Saving of the rights of the Republic.

18.      Sinhala text to prevail in case of inconsistency.

42 of 2014.

AN ACT to incorporate the Kalpawruksha Development Foundation.

[Date of Commencement: 24th November, 2014]

1. Short title.

This Act may be cited as the Kalpawruksha Development Foundation (Incorporation) Act.

2. Incorporation of the Kalpawruksha Development Foundation.

(1) From and after the date of commencement of this Act, such and so many persons as now are members of the Kalpawruksha Development Foundation (hereinafter referred to as the “Foundation”) or shall hereafter be admitted as members of the corporation hereby constituted shall be a body corporate with perpetual succession under the name and style of the “Kalpawruksha Development Foundation” (hereinafter referred to as the “corporation”), and by that name may sue and be sued with full power and authority to have, and use a common seal and to alter the same at its pleasure.

(2) The Corporation shall be deemed to be a voluntary social service organization within the meaning, and for the purpose of the Voluntary Social Services Organizations (Registration and Supervision) Act, No. 31 of 1980 and the provisions of that Act shall apply to and in relation to the management of the affairs of the Coporation.

3. General objects of the Corporation.

The general objects for which the Corporation is constituted are hereby declared to be—

(a)  to promote peace through the development of harmony among races and individuals;

(b)  to encourage the followers of Buddhist faith to secure the environment and develop the society;

(c)  to steer an individual centered society development process and specially direct the Buddhist community to minimize the problems faced by children of the Buddhist faith;

(d)  to provide for the protection, maintenance and development of the temple;

(e)  to provide the resident Bhikkus with security, meals and their daily needs;

(f)   to organize religious activities in the temple premises;

(g)  to lead the Buddhists both young and old to a religious way of life based on Buddhist ethics and the observance of the five precepts;

(h)  to establish and maintain a Daham School, conduct examinations, organize competitions and to provide equipments required by the Daham school;

(i)   to establish and maintain a hospital in order to treat devotees who face emergencies in the Sri Pada area with the approval of the relevant authorities;

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