REHABILITATION OF BUDDHIST TEMPLES FOUNDATION (INCORPORATION) ACT

1. Short title.

2. Incorporation of The Rehabilitation of Buddhist Temples Foundation.

3. Objects of the Corporation.

4. Management of the affairs of the Corporation.

5. Powers of the Corporation.

6. Rules of the Corporation.

7. Fund of the Corporation.

8. Corporation may hold property movable and immovable.

9. Application of money and property.

10. Audit of Accounts.

11. Seal of the Corporation.

12. Property remaining on the dissolution of the Corporation.

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

14. Sinhala text to prevail in case of inconsistency.

17 of 2014.

An Act to incorporate the Rehabilitation of Buddhist Temples Foundation.

[Date of Commencement: 24th April, 2014]

1. Short title.

This Act may be cited as the Rehabilitation of Buddhist Temples Foundation (Incorporation) Act.

2. Incorporation of The Rehabilitation of Buddhist Temples Foundation.

From and after the date of commencement of this Act, such and so many persons as now are members of "The Rehabilitation of Buddhist Temples Foundation” (hereinafter referred to as "the foundation”) or 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 Rehabilitation of Buddhist Temples Foundation” (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. Objects of the Corporation.

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

(a) to provide financial and other assistance to Buddhist Temples faced with financial difficulties to improve the infrastructure of such Buddhist temples and buildings situated within the premises which are owned by such temples and which require rehabilitation;

(b) to take necessary measures for the fostering of spiritual values amongst the Buddhists in the area by encouraging involvement in national and religious customs and promotion of the Buddhist way of life; and

(c) to work in collaboration with any other institution having objects similar to those of the Corporation with a view to facilitating the exchange of ideas and experience.

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