HANGURANKETHA MADANWALA RAJAMAHA VIHARA DEVELOPMENT FOUNDATION (INCORPORATION) ACT

Arrangement of Sections

1. Short title.

2. Incorporation of the Hanguranketha Madanwala Rajamaha Vihara Development Foundation.

3. General Objects of the Corporation.

4. Powers of the Corporation.

5. Corporation may hold property movable, or immovable.

6. Management of the affairs of the Corporation.

7. Rules of the Corporation.

8. Fund of the Corporation.

9. Accounts and Auditing.

10. Debts due by and payable to the Foundation.

11. Limitation of liability of members.

12. Corporation to be a non-profit organization.

13. Seal of the Corporation.

14. Annual Report.

15. Saving of the rights of the Republic.

16. Sinhala text to prevail in case of inconsistency.

26 of 2013.

AN ACT to incorporate the Hanguranketha Madanwala Rajamaha Vihara Development Foundation

[Date of Commencement: 21st May, 2013]

1. Short title.

This Act may be cited as the Hanguranketha Madanwala Rajamaha Vihara Development Foundation (Incorporation) Act.

2. Incorporation of the Hanguranketha Madanwala Rajamaha Vihara Development Foundation.

From and after the date of commencement of this Act such and so many persons as now are members of the "Hanguranketha Madanwala Rajamaha Vihara Development Foundation” (hereinafter referred to as "Foundation”) 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 the "Hanguranketha Madanwala Rajamaha Vihara Dvelopment 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.

3. General Objects of the Corporation.

(1) The Objects for which the Corporation is constituted are hereby declared to be—

(a) to conserve, renovate and maintain all the buildings of Sri Dharmodaya Pirivena and Maha Vihara situated at Madanwala, Hanguranketha, which are presently over one hundred years old;

(b) to foster, develop and maintain the Pirivena and Maha Vihara referred to in paragraph (a);

(c) to formulate and implement social, cultural, educational and welfare programmes for the benefit of the members of the Corporation and other Sri Lankans;

(d) to promote economic development of the poor and needy people of Sri Lanka, by introducing and implementing appropriate skills development programmes and self employment oriented programmes; and

(e) to work in close association with Governmental and Non-Governmental Organizations, religious bodies, cultural groups, International organizations and other institutions and organizations having objects similar to those of the Corporation.

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