BOARD OF TRUSTEES OF THE S.W.R.D. BANDARANAIKE (MEMORIAL) SCHOLARSHIP TRUST (INCORPORATION) ACT

Arrangement of Sections

1. Short title.

2. Incorporation of the Board Trustees of the S.W.R.D. Bandaranaike (Memorial) Scholarship Trust.

3. General objects of the Corporation.

4. Constitution of the Board of Trustees.

5. Powers duties and functions of the Board.

6. Fund of the Corporation.

7. Debt due by and payable to the Corporation.

8. Seal of the Corporation.

9. Rules of the Corporation.

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

11. Sinhala text to prevail in case of inconsistency.

22 of 1991.

AN ACT to incorporate the Board of Trustees of the S.W.R.D. Bandaranaike (Memorial) Scholarship Trust.

[Date of Commencement: 19th April, 1991]

1. Short title.

This Act may be cited as the Board of Trustees of the S.W.R.D. Bandaranaike (Memorial) Scholarship Trust (Incorporation) Act.

2. Incorporation of the Board Trustees of the S.W.R.D.
Bandaranaike (Memorial) Scholarship Trust.

From and after the date of commencement of this Act, such and so many persons as are now members of the Board or Trustees of the S.W.R.D. Bandaranaike (Memorial) Scholarship Trust (hereinafter referred to as "the Trust”) 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 "S.W.R.D. Bandaranaike (Memorial) Scholarship Trust” (hereinafter referred to as "the Corporation”) 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 declare to be—

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