NIMAL SIRIPALA DE SILVA FOUNDATION (INCORPORATION) ACT

Arrangement of Sections

1. Short title.

2. Incorporation of the Nimal Siripala de Silva Foundation.

3. General objects of the Corporation.

4. Corporation to ensure no conflict with work of the Government or any Provincial Council.

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. Audit and Accounts.

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 or dissolution.

17. Saving of the rights of the Republic and others.

18. Sinhalal text to prevail in case of inconsistency

23 of 2014.

AN ACT to incorporate the Nimal Siripala de Silva Foundation.

[Date of Commencement: 23rd July, 2014]

1. Short title.

This Act may be cited as the Nimal Siripala de Silva Foundation (Incorporation) Act.

2. Incorporation of the Nimal Siripala de Silva Foundation.

(1) From and after the date of commencement of this Act, such and so many persons as now are members of the Nimal Siripala de Silva Foundation (hereinafter referred to as the “Foundation”) and 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 Nimal Siripala de Silva 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 establish and maintain water supply schemes in areas where there is a scarcity of water, subject to the provisions of section 21 of the National water supply and Drainage Board Law No. 2 of 1974;

(b) to organize awareness programmes on methods to minimize to impact of natural disasters;

(c) to provide land and houses to families who do not own land and houses, in accordance with the applicable laws;

(d) to assist the relevant authorities to—

(i) provide scholarships to needy students and youth;

(ii) establish and maintain permanent and mobile libraries;

(iii) promote artistic creations, sports skills and technical skills of students and the youth;

(iv) conduct classes, lectures, seminars, conferences, workshops, discussions, dialogues, educational tours and exhibitions for the students with a view to improving their general literacy;

(v) promote skills of the youth by granting opportunities for training in sports, leadership, computer, media and languages including Sinhala, Tamil and English;

(vi) construct buildings and provide other necessary assistance to schools in need of such assistance;

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