Institute of Applied Statistics, Sri Lanka (Incorporation) Act

Arrangement of Sections

1. Short title.

2. Incorporation of Institute of Applied Statistics, Sri Lanka.

3. General objects of the Corporation.

4. Management of the affairs of the Corporation.

5. General powers of the Corporation.

6. Rules of the Corporation.

7. Fund of the Corporation.

8. Audit and Accounts.

9. Seal of the Corporation.

10. Debts due by and payable to the Association.

11. Limitation of liability of members.

12. Application of moneys and property.

13. Corporation may hold property movable or immovable.

14. Property remaining on dissolution.

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

16. Sinhala text to prevail in case of inconsistency.

38 of 2011.

AN ACT to incorporate the Institute of Applied Statistics, Sri Lanka.

[Date of Commencement: 20th September, 2011]

1. Short title.

This Act may be cited as the Institute of Applied Statistics, Sri Lanka (Incorporation) Act.

2. Incorporation of Institute of Applied Statistics, Sri Lanka.

From and after the date of commencement of this Act, such and so many persons as now are members of the "Applied Statistics Association of Sri Lanka” (hereinafter referred to as the "Association”) and 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 "Institute of Applied Statistics, Sri Lanka” (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 general objects for which the Corporation is constituted are hereby declared to be—

(a) to promote and assist the advancement of applied statistics by furtherance of research, development, education, training and extension;

(b) to undertake or collaborate in the preparation, publication and dissemination of useful information pertaining to applied statistics by means of seminars and lectures and the publication of articles on applied statistics in the Journal titled the "Sri Lankan Journal of Applied Statistics” to foster the training of research workers;

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