SIRINIWES PRAJAMITHRA SAHAYOGITHA
KENDRAYA (INCORPORATION) ACT

Arrangement of Sections

1. Short title.

2. Incorporation of the Siriniwes Prajamithra Sahayogitha Kendraya.

3. General objects of the Corporation.

4. General powers of the Corporation.

5. The Management of the affairs of the Corporation.

6. Executive Director.

7. Rules of the Corporation.

8. Seal of the Corporation.

9. Accounts and audit.

10. Corporation may hold property movable or immovable.

11. Limitation of liability of members.

12. Funds of the Corporation.

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

14. Sinhala text to prevail in case of inconsistency.

4 of 2010.

AN ACT to incorporate the Siriniwes Prajamithra Sahayogitha Kendraya.

[Date of Commencement: 9th February, 2010]

1. Short title.

This Act may be cited as the Siriniwes Prajamithra Sahayogitha Kendraya (Incorporation) Act.

2. Incorporation of the Siriniwes Prajamithra Sahayogitha Kendraya.

From and after the date of commencement of this Act, such and so many persons as presently are members of the Siriniwes Prajamithra Sahayogitha Kendraya (hereinafter referred to as "Kendraya”) 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 "Siriniwes Prajamithra Sahayogitha Kendraya” 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. General objects of the Corporation.

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

(a) improve the economic standards of the poor families living within Sri Lanka;

(b) collaborate with the Government activities to improve and maintain standard of education of these poor families;

(c) assist and support the activities to eliminate poverty and improve the financial standards of the poor;

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