S W R D BANDARANAIKE NATIONAL MEMORIAL FOUNDATION Law

Arrangement of Sections

1. Short title.

2. Establishment of the S W R D Bandaranaike National Memorial Foundation.

3. Members of the Board of Management of the Foundation.

4. The Foundation to be a Corporation.

5. The Seal of the Foundation.

6. The objects of the Foundation.

7. Powers and functions of the Foundation.

8. Vesting of the Hall.

9. Fund of the Foundation.

10. Annual grant by the Government to the Foundation.

11. Payments into the Fund.

12. Payments out of the Fund.

13. Accounts and audit.

14. Exemption of Foundation from certain duties and taxes.

15. Appointment of public officers and members of the Local Government Service to the Foundation.

16. Protection of members of the Board and officers of the Foundation for action taken under this Law.

17. No writ to issue against person or property of a member of the Foundation.

18. Officers and servants of the Foundation deemed to be public servants under the Penal Code.

19. Interpretation.

2 of 1975,

48 of 1981,

6 of 1983.

A LAW to provide for the establishment of a Foundation called the S W R D Bandaranaike National Memorial Foundation, to specify its objects and powers, and to provide for all matters connected therewith or incidental thereto.

[Date of Commencement: 4th February, 1975]

1. Short title.

This Law may be cited as the S W R D Bandaranaike National Memorial Foundation Law.

2. Establishment of the S W R D Bandaranaike National Memorial Foundation.

There shall be established a Foundation, in order to perpetuate the memory of the late Mr. S W R D Bandaranaike, to be called "The S W R D Bandaranaike National Memorial Foundation”, hereinafter in this Law referred to as the "Foundation”.

3. Members of the Board of Management of the Foundation.

(1) The Foundation 1981 shall be administered by a Board of Management (hereinafter in this Law referred to as the "Board”) consisting of seven members appointed by the President,

(2) Any member may resign from office by letter in that behalf addressed to the President.

(3) The President may, by Order published in the Gazette, remove a member from office without assigning a reason therefor. A member in respect of whom an Order is made under this subsection shall be deemed to have vacated office on the date of publication of that Order in the Gazette.

(4) A member shall, subject to the provisions of subsections (2) and (3), hold office for a period of three years from the date of his appointment to such office:

Provided that a member appointed in place of a member who dies or resigns or otherwise vacates office, shall, unless he earlier vacates office, hold office for the unexpired part of the term of office of the member whom he succeeds.

(5) Where any member becomes, by reason of illness, infirmity or absence from Sri Lanka, temporarily unable to discharge the functions of his office, the President may appoint another person to act as a member in his place.

(6) Any member other than a member who has been removed from office under subsection (3) shall be eligible for reappointment.

(7) The President shall appoint one of the members of the Board as the Chairman of the Board. In the absence of the Chairman from any meeting of the Board the members present at such meeting shall elect from among themselves a Chairman for that meeting.

(8) The quorum for a meeting of the Board shall be five.

(9) Subject to the provisions of subsection (8) the Board may regulate the procedure in regard to the meetings of the Board and the transaction of business at such meetings.

(10) The Board may act notwithstanding a vacancy among its members.

[S 3 subs by s 3 of Act 48 of 1981.]

4. The Foundation to be a Corporation.

The Foundation shall, by the name assigned to it by section 2, be a body corporate and shall have perpetual succession and a common seal and may sue and be sued in such name.

This section of the article is only available for our subscribers. Please click here to subscribe to a subscription plan to view this part of the article.


Recent Updates

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


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


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


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


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


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