INSTITUTE OF MANAGEMENT OF SRI LANKA (INCORPORATION) ACT

Arrangement of Sections

1. Short title.

2. Incorporation of the Institute of Management of Sri Lanka.

3. General objects of the Corporation.

4. General powers of the Corporation.

5. Management of the affairs of the Corporation.

6. Rules of the Corporation.

7. Debt due by and payable to the Institute.

8. Power of the Corporation to hold property.

9. Professional Standards.

10. Seal of the Corporation.

11. Limitation of liability of members.

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

67 of 1988.

AN ACT to incorporate the Institute of Management of Sri Lanka.

[Date of Commencement: 17th December, 1988]

1. Short title.

This Act may be cited as the Institute of Management of Sri Lanka (Incorporation) Act.

2. Incorporation of the Institute of Management of Sri Lanka.

From and after the date of commencement of this Act, such and so many persons as now are members of the Institute of Management of Sri Lanka (hereinafter referred to as "the Institute”), or shall hereafter be admitted members of the corporation hereby constituted, shall be a body corporate (hereinafter referred to as "the Corporation”) with perpetual succession under the style and name of "The Institute of Management of Sri Lanka”, 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 declared to be—

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URBAN COUNCILS (AMENDMENT) ACT, NO. 21 OF 2017


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