MOHAN LAL GRERO FOUNDATION (INCORPORATION) ACT

Arrangement of Sections

1. Short title.

2. Incorporation of the Mohan Lal Grero 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 and others.

18. Sinhala text to prevail in case of inconsistency.

20 of 2014.

AN ACT to incorporate the Mohan Lal Grero Foundation.

[Date of Commencement: 17th June, 2014]

1. Short title.

This Act may be cited as the Mohan Lal Grero Foundation (Incorporation) Act.

2. Incorporation of the Mohan Lal Grero Foundation.

(1) From and after the date of commencement of this Act, such and so many persons as now are members of the “Mohan Lal Grero 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 “Mohan Lal Grero 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 Corporation.

3. General objects of the Corporation.

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

(a) to assist the relevant authorities to promote, improve and develop education and the knowledge of languages with special emphasis on the language of English;

(b) to assist the relevant authorities to promote, develop and maintain overall welfare of the under-privileged and to provide necessary guidance, counselling or advice to uplift their living standards;

(c) to assist the relevant authorities to promote, improve, develop and maintain the abilities and aptitudes of the people in the fields of education, science, culture, literature, arts, aesthetic studies and sports;

(d) to promote, propagate and foster humanitarian ideas, democratic and pluralistic values, good citizenship and patriotic concepts and beliefs;

(e) to assist the relevant authorities to organize, establish and create community development facilities in the rural areas of the country and to inculcate in, teach and impart to, the rural community the values of self-development and self-employment;

(f) to encourage and assist the youth to acquire proficiency in new technical skills;

(g) to improve, develop, foster and maintain talents and abilities in entrepreneurship, research and training in business, technology and management and concepts of income-generating and self-employment ventures and enterprises;

(h) to provide necessary services to promote activities which encourage the improvement of knowledge and disciplined thinking;

(i) to provide guidance to improve proficiency in international languages used in commercial activities;

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