THANTHAI CHELVA MEMORIAL TRUST
(INCORPORATION) ACT

Arrangement of Sections

1. Short title.

2. Incorporation of the Thanthai Chelva Memorial Trust.

3. Object of Trust.

4. Board of Trustees.

5. Accounts and audit.

6. Rules.

7. Power to hold property.

8. Investment of fund of the trust.

9. How seal of the Trust is to be affixed.

10. Property remaining on dissolution.

11. Saving of rights of the Republic and others.

47 of 1982.

AN ACT to incorporate the Thanthai Chelva Memorial Trust.

[Date of Commencement: 30th December, 1982]

1. Short title.

This Act may be cited as the Thanthai Chelva Memorial Trust (Incorporation) Act.

2. Incorporation of the Thanthai Chelva Memorial Trust.

(1) From and after the date of commencement of this Act, the Thanthai Chelva Memorial Trust shall be and is hereby constituted a body corporate with the name of "The Thanthai Chelva Memorial Trust” (hereinafter referred to as "the Trust”).

(2) The Trust shall, in the name assigned to it by subsection (1) and for the purposes herein mentioned, have perpetual succession, and may by the said name sue and be sued in all courts, and shall have a common seal with power to alter the same at its discretion.

3. Object of Trust.

The object for which the Trust is incorporated is hereby declared to be to administer, manage and control as a separate and distinct fund

(1) the Thanthai Chelva Memorial Samadhi Fund (hereinafter referred to as "the Samadhi Fund”) to be utilised for the purposes of—

(a) maintaining and preserving, the Samadhi with the commemorative pillar constructed to enable the people of the country and visitors from abroad to pay homage to the departed leader Thanthai Chelva; and

(b) keeping the said Samadhi in good repair including the construction of any extensions and any additions, alterations, or modifications as and when necessary or deemed fit by the Board of Trustees; and

(2) The Thanthai Chelva Educational Fund (hereinafter referred to as "the Educational Fund”) to be utilised for the advancement of education in general and particularly for the following other purposes—

(a) providing financial assistance by way of scholarships, loans, advances and other grants to deserving students of the Tamil speaking community to pursue their studies including research in Sri Lanka and abroad;

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