REV RATHGAMA SIRI SUMANAWANSA NAHIMI MEMORIAL FOUNDATION (INCORPORATION) ACT

Arrangement of Sections

1. Short title.

2. Incorporation of Rev Rathgama Siri Sumanawansa Nahimi Memorial Foundation.

3. General objects of the Corporation.

4. Powers of the Corporation.

5. Corporation to be a nonprofit making organisation.

6. Management of the affairs of the Corporation.

7. Fund of the Corporation.

8. Rules of the Corporation.

9. Debts due by and payable to the Foundation.

10. The Corporation may hold movable and immovable property.

11. Seal of the Corporation.

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

13. Sinhala text to prevail in case of inconsistency.

SCHEDULE

68 of 1992.

AN ACT to incorporate the Rev Rathgama Siri Sumanawansa Nahimi Memorial Foundation.

[Date of Commencement: 31st December, 1992]

1. Short title.

This Act may be cited as the Rev Rathgama Siri Sumanawansa Nahimi Memorial Foundation (Incorporation) Act.

2. Incorporation of Rev Rathgama Siri Sumanawansa Nahimi Memorial Foundation.

From and after the date of commencement of this Act, such and so many persons as now are members of the Rev Rathgama Siri Sumanawansa Nahimi Memorial Foundation (hereinafter referred to as the "Foundation”), or shall hereafter be admitted as members of the Corporation hereby constituted, shall be a body corporate (herein after referred to as the "Corporation”) with perpetual succession, under the name and style of the "Rev Rathgama Siri Sumanawansa Nahimi Memorial Foundation,” 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 to alter the same at its pleasure.

3. General objects of the Corporation.

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

(a) to establish and maintain educational institutes, hostels for male and female students and to advance and promote the education of needy children;

(b) to grant financial aid and award scholarships to needy students;

(c) to provide necessary aid to victims of natural disasters;

(d) to engage in social services;

(e) to provide medical facilities, nutritious food, clothing and housing to the poor, the orphans, and the sick;

(f) to provide welfare facilities to the deaf, dumb and the blind;

(g) to establish and maintain elders' home;

(h) to engage in cultural activities:

(i) to promote the education of the clergy and the laity by conducting courses of study in Sinhala, Pali Sanskrit, Buddhism and Ayurvedic Medicine;

(j) to conduct sermons, Buddha pujas, Chethiya pujas, Bodhi pujas, Meditation classes, discussions, seminars, lectures and tours;

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