VIDYARANYA VINAYAKRAMA SABHAWA (INCORPORATION) ACT

Arrangement of Sections

1. Short title.

2. Incorporation of the Vidyaranya Vinayakrama Sabhawa.

3. General Objects of the corporation.

4. General Powers of the Corporation.

5. Management of the affairs of the Corporation.

6. Rule of the Corporation.

7. Corporation may hold property, movable and immovable.

8. Debts due by and payable to the Sabhawa.

9. Seal of the Corporation.

10. Saving of the Rights of the Republic and others.

16 of 1986.

AN ACT to incorporate the Vidyaranya Vinayakrama Sabhawa.

[Date of Commencement: 24th July, 1986]

1. Short title.

This Act may be cited as the Vidyaranya Vinayakrama Sabhawa (Incorporation) Act.

2. Incorporation of the Vidyaranya Vinayakrama Sabhawa.

From and after the date of commencement of this Act, such and so many person; as now are members of the Vidyaranya Vinayakrama Sabhawa (hereinafter referred to as "the Sabhawa”) or shall hereinafter be admitted 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 "The Vidyaranya Vinayakrama Sabhawa”, and by that name may sue and be sued in all courts, with full power and authority to have and to 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—

(a) to promote the knowledge of Buddhist doctrine and Buddhist discipline among both the clergy and the laity;

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