BOARD OF DIRECTORS OF THE REHABILITATION AND EDUCATION DEVELOPMENT FUND (INCORPORATION) ACT

Arrangement of Sections

1. Short title.

2. Incorporation of the Board of Directors of the Rehabilitation and Education Development Fund.

3. General objects of the Corporation.

4. General powers of the Corporation.

5. Rules of the Corporation.

6. Corporation may hold property movable or immovable.

7. Debts due and payable to the fund.

8. Federation of the Community Advancement Societies and its member societies affiliated Corporate bodies of the Corporation.

9. Property remaining on dissolution.

10. Seal of the Corporation.

11. Audit and accounts.

12. The right of the Republic and others.

13. Sinhala text to prevail in case of in consistency.

52 of 1999.

AN ACT to incorporate the Rehabilitation and Education Development Fund.

[Date of Commencement: 14th December, 1999]

1. Short title.

This Act may be cited as the Board of Directors of the Rehabilitation and Education Development Fund (Incorporation) Act.

2. Incorporation of the Board of Directors of the Rehabilitation and Education Development Fund.

From and after the date of commencement of this Act, the Board of Directors for the time being of such and so many persons as now are members of the Rehabilitation and Education Development Fund shall be a body corporate (hereinafter referred to as the "Corporation”) with perpetual succession under the name and style of the "Board of Directors of the Rehabilitation and Education Development Fund” and by that name may sue and be sued in all courts, with full power and authority to have and use a common seal and alter the same at its pleasure.

3. General objects of the Corporation.

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

(a) to improve and promote the educational, religious, cultural, social and economic welfare of the people of Sri Lanka;

(b) to work for the elimination of social and other inequalities among the people of Sri Lanka;

(c) to promote the overall welfare of the under developed and society disadvantaged people of Sri Lanka, particularly the persons belonging to "Navathar Community” living in the North and Eastern provinces of Sri Lanka, who have not made sufficient progress in overall social development;

(d) to foster the spirit of unity and to promote goodwill and friendship, among the people of Sri Lanka;

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