CEYLON NATIONAL CHAMBER OF INDUSTRIES ACT

Arrangement of Sections

1. Short title.

2. Incorporation of the Ceylon National Chamber of Industries.

3. General objects for which the Corporation is constituted.

4. Executive Council.

5. Register of members.

6. Corporation may make rules.

7. The rules in the Schedule to be the rules of the Corporation.

8. Power to raise loans.

9. Debts due by and payable to the Corporation.

10. Procedure for affixing the seal of the Corporation.

11. Corporation may hold property.

12. Board of Trustees.

13. Limit of liability of members.

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

10 of 1969.

AN ACT to incorporate the Ceylon National Chamber of Industries.

[Date of Commencement: 14th May, 1969]

1. Short title.

This Act may be cited as the Ceylon National Chamber of Industries Act.

2. Incorporation of the Ceylon National Chamber of Industries.

From and after the passing of this Act, such and so many persons as now are members of the Ceylon National Chamber of Industries (hereinafter referred to as "the Chamber”) or shall hereafter be admitted members of
the Corporation hereby constituted, whose names shall
be inscribed in the register mentioned in section 5, shall be and become a Corporation with liability limited in manner provided in section 13, with continuance forever, under the style and name of "The Ceylon National Chamber of Industries”, (hereinafter referred to as "the Corporation”) and by that name shall and may sue and be sued in all courts, with full power and authority to have and use a common seal and to change and alter the same at their pleasure.

3. General objects for which the Corporation is constituted.

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

(a) to promote and foster industrial growth in Sri Lanka and to co-operate with the Government and their associations in the attainment of such objective;

(b) to promote and protect the interests of persons connected with industrial undertakings in Sri Lanka;

(c) to represent and express on industrial, commercial and economic matters the opinions of the industrial community in Sri Lanka and to aid, assist and co-operate with others in such representation and expression;

(d) to advise and communicate on economic and industrial matters with public authorities, with similar Associations in other places and with individuals;

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