INSTITUTE OF QUANTITY SURVEYORS, SRI LANKA (INCORPORATION) ACT

Arrangement of Sections

1. Short title.

2. Incorporation of Institute of Quantity Surveyors, Sri Lanka.

3. General objects of the Corporation.

4. Powers of the Corporation.

5. Management of the affairs of the Corporation.

6. Register of Members.

7. Rules of the Corporation.

8. Property of the Corporation.

9. Fund of the Corporation.

10. Accounts and Audit.

11. Financial Year.

12. Debts due by and payable to the Institute.

13. Use of titles.

14. Attorneys-at-Law, bankers and agents.

15. The seal of the Corporation.

16. Limitation of liability of members.

17. Dissolution or winding up.

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

19. Sinhala text to prevail in case of inconsistency.

20 of 2007.

AN ACT to incorporate the Institute of Quantity Surveyors, Sri Lanka.

[Date of Commencement: 21st June, 2007]

1. Short title.

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

2. Incorporation of Institute of Quantity Surveyors, Sri Lanka.

From and after the date of commencement of this Act, such and so many persons as now are Fellow Members and Associate Members of the Institute of Quantity Surveyors, Sri Lanka (hereinafter referred to as "the Institute”) and hereafter be admitted as Corporate Members of the Institute of Quantity Surveyors, Sri Lanka shall hereafter be admitted as Members of the Corporation hereby Constituted (hereinafter referred to as the Corporation”) and shall be and become a body corporate with perpetual succession under the name and style of the "Institute of Quantity Surveyors, Sri Lanka” and by that name may sue and be sued, 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—

(a) to protect and promote the interests, status, welfare, rights and privileges of the profession and interest of the public in relation to the profession of Quantity Surveyors;

(b) to advise and communicate with public authorities on matters relating to Quantity Surveying;

(c) to arbitrate any dispute on Quantity Surveying which may be referred to the Corporation;

(d) to organize lectures and discussions and to publish books and other materials in order to disseminate the knowledge on Quantity Surveying and related subjects;

(e) to encourage the study of law and practice relating to Quantity Surveying;

(f) to create and offer awards and prizes for achievements in the field of Quantity Surveying;

(g) to organize, supervise and control the admission to membership of the Corporation, to undertake and regulate the professional education and training of persons desiring to do Quantity Surveying, to prescribe and approve courses of studies and qualifying examinations for membership of the Corporation, to conduct or provide for the conducting of such courses and examinations and to collaborate with recognized educational institutions for the furtherance of education in the field of Quantity Surveying; and

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NATION BUILDING TAX (AMENDMENT) ACT, NO. 22 OF 2016


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VALUE ADDED TAX (AMENDMENT) ACT, NO. 20 OF 2016


PORTS AND AIRPORTS DEVELOPMENT LEVY (AMENDMENT) ACT, NO. 21 OF 2016


NATION BUILDING TAX (AMENDMENT) ACT, NO. 22 OF 2016


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VALUE ADDED TAX (AMENDMENT) ACT, NO. 20 OF 2016


PORTS AND AIRPORTS DEVELOPMENT LEVY (AMENDMENT) ACT, NO. 21 OF 2016


NATION BUILDING TAX (AMENDMENT) ACT, NO. 22 OF 2016


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VALUE ADDED TAX (AMENDMENT) ACT, NO. 20 OF 2016


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NATION BUILDING TAX (AMENDMENT) ACT, NO. 22 OF 2016


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


LAW COMMISSION (AMENDMENT) ACT, NO. 19 OF 2016


VALUE ADDED TAX (AMENDMENT) ACT, NO. 20 OF 2016


PORTS AND AIRPORTS DEVELOPMENT LEVY (AMENDMENT) ACT, NO. 21 OF 2016


NATION BUILDING TAX (AMENDMENT) ACT, NO. 22 OF 2016


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


LAW COMMISSION (AMENDMENT) ACT, NO. 19 OF 2016


VALUE ADDED TAX (AMENDMENT) ACT, NO. 20 OF 2016


PORTS AND AIRPORTS DEVELOPMENT LEVY (AMENDMENT) ACT, NO. 21 OF 2016


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