MAHANUWARA BAUDDHA VIDYA PEETAYA (INCORPORATION) ACT

Arrangement of Sections

1. Short title.

2. Incorporation of the Mahanuwara Bauddha Vidya Peetaya.

3. General objects of the Corporation.

4. General powers of the Corporation.

5. Management of the Corporation.

6. Rules of the Corporation.

7. Debts due by and payable to the Bauddha Vidya Peetaya.

8. How the seal of the Corporation is to be affixed.

9. Fund of the Corporation.

10. Corporation may hold property movable and immovable.

11. Savings of the rights of the Republic and others.

12. Sinhala text to prevail in case of inconsistency.

SCHEDULE

23 of 1999.

AN ACT to incorporate the Mahanuwara Bauddha Vidya Peetaya.

[Date of Commencement: 12th August, 1999]

1. Short title.

This Act may be cited as the Mahanuwara Bauddha Vidya Peetaya (Incorporation) Act.

2. Incorporation of the Mahanuwara Bauddha Vidya Peetaya.

From and after the date of commencement of this Act, such and so many persons as now are members of the Mahanuwara Bauddha Vidya Peetaya (hereinafter referred to as "the Bauddha Vidya Peetaya”) or shall hereafter be admitted, members of the Corporation hereby constituted, shall be and become a body corporate with perpetual succession, under the name and style of the "Mahanuwara Bauddha Vidya Peetaya” (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 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 foster and promote education by establishing and maintaining "Mahanuwara Bauddha Vidya Peetaya”, Pirivena training institutes of bhikkus, schools, and Educational institutions and by granting scholarships;

(b) to preserve and disseminate the Theravadhi Buddhist philosophy and way of life;

(c) to maintain friendly relations with other Buddhist organisations in and outside Sri Lanka;

(d) to establish and maintain a department for oriental languages;

(e) to establish and maintain a department for international languages such us English, French;

(f) to engage in the dissemination of the Dhamma internationally;

(g) to conduct vocational and educational courses for youths in Sri Lanka;

(h) to train students in small industries and to help them financially or otherwise to establish themselves as useful citizens;

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