SRI LANKA SAMATA SETHA FOUNDATION
(INCORPORATION) ACT

Arrangement of Sections

1. Short title.

2. Incorporation of the Sri Lanka Samata Setha Foundation.

3. General objects of the Corporation.

4. Powers of the Corporation.

5. Management of the affairs of the Corporation.

6. Rules of the Corporation.

7. Seal of the Corporation.

8. Debts due by and payable to the Foundation.

9. Fund of the Corporation

10. Audit and Accounts.

11. Property remaining on dissolution.

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

13. Sinhala text to prevail in case of inconsistency.

24 of 2011.

AN ACT to incorporate the Sri Lanka Samata Setha Foundation

[Date of Commencement: 6th April, 2011]

1. Short title.

This Act may be cited as the Sri Lanka Samata Setha Foundation (Incorporation) Act.

2. Incorporation of the Sri Lanka Samata Setha Foundation.

From and after the date of commencement of this Act, such and so many persons as now are members of the "Sri Lanka Samata Setha Foundation” (hereinafter referred to as the ”Foundation”) 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 ”Sri Lanka Samata Setha Foundation” 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.

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

(a) to improve the economic standards of the poor families living in the area and to alleviate poverty of such families by improving financial standards;

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

(c) to support the activities aimed at protection of the environment within the area;

(d) to support the activities relating to nutritional rehabilitation and to improve the nutritional level of the poor and destitute within the area;

(e) to join in collaborative activities with other organisations, religious and cultural institutions which the Foundation deems necessary to corporate with;

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