OLAGANGALA MAHA SUDARSHANA PAROPAKARI FOUNDATION (INCORPORATION) ACT

Arrangement of Sections

1. Short title.

2. Incorporation of the Olagangala Maha Sudarshana Paropakari Foundation.

3. General objects of the Corporation.

4. Management of the affairs of Corporation.

5. Powers of the Corporation to acquire property invest funds and raise loans, etc.

6. Rules of the Corporation.

7. Fund of the Corporation.

8. Debts due by and payable to the Foundation.

9. Accounts and Audit.

10. Property remaining on dissolution.

11. Seal of the Corporation.

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

13. Sinhala text to prevail in case of inconsistency.

37 of 2011.

An Act to incorporate the Olagangala Maha Sudarshana Paropakari Foundation.

[Date of Commencement: 23rd August, 2011]

1. Short title.

This Act may be cited as the Olagangala Maha Sudarshana Paropakari Foundation (Incorporation) Act.

2. Incorporation of the Olagangala Maha Sudarshana Paropakari Foundation.

From and after the date of commencement of this Act, such and so many persons as now are members of the "Olagangala Maha Sudarshana Paropakari Foundation” (hereinafter referred to as the "Foundation”) or shall hereafter be admitted as members of the Corporation hereby constituted, shall be a body corporate (hereinafter referred to as the "Corporation”) with perpetual succession, under the name and style of "Olagangala Maha Sudarshana Paropakari Foundation” 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.

The general objects for which the Corporation is constituted are hereby declared to be—

(a) to promote and foster practices and moral values needed for the spiritual development of the adherents of the Buddhist faith;

(b) to minimise the tension experienced by Buddhist by practicing the teachings of Buddha for relieving the mental and emotional stress faced by them and thereby guiding them to a quiet life style;

(c) to rescue the adherents of the Buddhist faith from petty controversies by developing co-operation and co-existence so that a wider representation is achieved in the community through the understanding of the human nature obtained from Buddhist teachings by persons of whatever age limit, whether young or old;

(d) to make the Buddhist family and society a self sufficient unit after identifying the social individuality that could bring about a disciplined society free of caste or religious differences;

(e) to raise through the forest dwelling sect a Bhikku Society well versed in Tripitaka Dhamma suitable in implementing programmes for the dissemination of Dhamma centred on the villages of Sri Lanka and to ensure achievement of the above objects through dedication;

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