SARANA BUDDHIST (RELIEF) FOUNDATION (INCORPORATION) acT

Arrangement of Sections

1. Short title.

2. Incorporation of Sarana Buddhist (Relief) Foundation.

3. General objects of the Corporation.

4. General powers of the Corporation.

5. Management of the affairs of the Corporation.

6. Rules of the Corporation.

7. Accounts and audit.

8. Debts due by and payable to the Foundation.

9. Corporation may hold property movable and immovable.

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

11. Property remaining on the dissolution of the Corporation.

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

13. Sinhala text to prevail in case of inconsistency.

39 of 2007.

AN ACT to incorporate the Sarana Buddhist (Relief) Foundation.

[Date of Commencement: 28th September, 2007]

1. Short title.

This Act may be cited as the Sarana Buddhist (Relief) Foundation (Incorporation) Act.

2. Incorporation of Sarana Buddhist (Relief) Foundation.

From and after the date of commencement of this Act, such and so many persons as now are members of the "Sarana Buddhist (Relief) 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 "Sarana Buddhist (Relief) 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.

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