Government Officers' Benefit Association (Incorporation) Act

Arrangement of Sections

1. Short title.

2. Incorporation of the Government Officers' Benefit Association.

3. Objects of the Corporation.

4. Affairs of the Corporation to be administered by a Committee of Management.

5. Powers of committee of Management.

6. Register of members.

7. Books of accounts.

8. General meetings.

9. Annual general meeting.

10. Power to make rules.

11. Secretary and Accountant.

12. Property vested in Corporation.

13. Debts due by and payable to the Association.

14. Corporation may hold property, movable and immovable.

15. Restriction on sales., of land.

16. Seal of the Corporation how affixed.

17. Funds of the Corporation how to be kept and invested.

18. Borrowing powers.

19. Doubt or ambiguity how decided.

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

27 of 1971.

AN ACT to incorporate the Government Officers' Benefit Association.

[Date of Commencement: 28th June, 1971]

1. Short title.

This Act may be cited as the Government Officers' Benefit Association (Incorporation) Act.

2. Incorporation of the Government Officers' Benefit Association.

The persons who, on the date of commencement of this Act, are members of the Government Officers' Benefit Association (hereinafter referred to as "the Association”) and such other persons as are hereafter enrolled as members of that Association, shall be and become a corporation with perpetual succession under the name and style of "The Government Officers' Benefit Association” (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 alter that seal at its Pleasure.

3. Objects of the Corporation.

The following shall be the objects of the Corporation—

(a) to promote thrift among its members;

(b) to give relief to members in times of sickness, distress or pecuniary difficulties;

(c) to grant loans to members for such purposes as the Corporation may, from time to time, determine in accordance with the rules of the Corporation;

(d) to establish and administer a retirement benefit scheme for the benefit of the members in accordance with the rules of the Corporation;

(e) to establish and administer a savings scheme in accordance with the rules of the Corporation;

(f) to establish and administer a death donation scheme in accordance with the rules of the Corporation; and

(g) to do all such other things, in accordance with the rules of the Corporation, as may be necessary for the benefit of the members.

4. Affairs of the Corporation to be administered by a Committee of Management.

(1) The affairs of the Corporation shall, subject to the provisions of this Act and the rules for the time being of the Corporation made as hereinafter provided, be administered by a Committee of Management consisting of the President, two Vice-Presidents and such number of other members of the Corporation, as may be determined by the rules, and elected in accordance with the rules for the time being in force of the Corporation, and one public officer to be appointed by the Secretary to the Treasury.

This section of the article is only available for our subscribers. Please click here to subscribe to a subscription plan to view this part of the article.


Recent Updates

PROVINCIAL COUNCILS ELECTIONS (AMENDMENT) ACT, No. 17 OF 2017


FISHERIES AND AQUATIC RESOURCES(AMENDMENT) ACT, No. 11 OF 2017


NATION BUILDING TAX (AMENDMENT)ACT, No. 13 OF 2017


SUGATHADASA NATIONAL SPORTS COMPLEX AUTHORITY (AMENDMENT) ACT, No. 14 OF 2017


IMMIGRANTS AND EMIGRANTS (AMENDMENT) ACT, No. 7 OF 2015


PROVINCIAL COUNCILS ELECTIONS (AMENDMENT) ACT, No. 17 OF 2017


FISHERIES AND AQUATIC RESOURCES(AMENDMENT) ACT, No. 11 OF 2017


NATION BUILDING TAX (AMENDMENT)ACT, No. 13 OF 2017


SUGATHADASA NATIONAL SPORTS COMPLEX AUTHORITY (AMENDMENT) ACT, No. 14 OF 2017


IMMIGRANTS AND EMIGRANTS (AMENDMENT) ACT, No. 7 OF 2015


PROVINCIAL COUNCILS ELECTIONS (AMENDMENT) ACT, No. 17 OF 2017


FISHERIES AND AQUATIC RESOURCES(AMENDMENT) ACT, No. 11 OF 2017


NATION BUILDING TAX (AMENDMENT)ACT, No. 13 OF 2017


SUGATHADASA NATIONAL SPORTS COMPLEX AUTHORITY (AMENDMENT) ACT, No. 14 OF 2017


IMMIGRANTS AND EMIGRANTS (AMENDMENT) ACT, No. 7 OF 2015


PROVINCIAL COUNCILS ELECTIONS (AMENDMENT) ACT, No. 17 OF 2017


FISHERIES AND AQUATIC RESOURCES(AMENDMENT) ACT, No. 11 OF 2017


NATION BUILDING TAX (AMENDMENT)ACT, No. 13 OF 2017


SUGATHADASA NATIONAL SPORTS COMPLEX AUTHORITY (AMENDMENT) ACT, No. 14 OF 2017


IMMIGRANTS AND EMIGRANTS (AMENDMENT) ACT, No. 7 OF 2015


PROVINCIAL COUNCILS ELECTIONS (AMENDMENT) ACT, No. 17 OF 2017


FISHERIES AND AQUATIC RESOURCES(AMENDMENT) ACT, No. 11 OF 2017


NATION BUILDING TAX (AMENDMENT)ACT, No. 13 OF 2017


SUGATHADASA NATIONAL SPORTS COMPLEX AUTHORITY (AMENDMENT) ACT, No. 14 OF 2017


IMMIGRANTS AND EMIGRANTS (AMENDMENT) ACT, No. 7 OF 2015


PROVINCIAL COUNCILS ELECTIONS (AMENDMENT) ACT, No. 17 OF 2017


FISHERIES AND AQUATIC RESOURCES(AMENDMENT) ACT, No. 11 OF 2017


NATION BUILDING TAX (AMENDMENT)ACT, No. 13 OF 2017


SUGATHADASA NATIONAL SPORTS COMPLEX AUTHORITY (AMENDMENT) ACT, No. 14 OF 2017


IMMIGRANTS AND EMIGRANTS (AMENDMENT) ACT, No. 7 OF 2015


PROVINCIAL COUNCILS ELECTIONS (AMENDMENT) ACT, No. 17 OF 2017


FISHERIES AND AQUATIC RESOURCES(AMENDMENT) ACT, No. 11 OF 2017


NATION BUILDING TAX (AMENDMENT)ACT, No. 13 OF 2017


SUGATHADASA NATIONAL SPORTS COMPLEX AUTHORITY (AMENDMENT) ACT, No. 14 OF 2017


IMMIGRANTS AND EMIGRANTS (AMENDMENT) ACT, No. 7 OF 2015


PROVINCIAL COUNCILS ELECTIONS (AMENDMENT) ACT, No. 17 OF 2017


FISHERIES AND AQUATIC RESOURCES(AMENDMENT) ACT, No. 11 OF 2017


NATION BUILDING TAX (AMENDMENT)ACT, No. 13 OF 2017


SUGATHADASA NATIONAL SPORTS COMPLEX AUTHORITY (AMENDMENT) ACT, No. 14 OF 2017


IMMIGRANTS AND EMIGRANTS (AMENDMENT) ACT, No. 7 OF 2015