VIJAYA KUMARATUNGA MEMORIAL FOUNDATION ACT

Arrangement of Sections

1. Short title.

PART I

ESTABLISHMENT OF THE VIJAYA KUMARATUNGA MEMORIAL FOUNDATION

2. Establishment of the Vijaya Kumaratunga Memorial Foundation.

3. Members of the Board of Management of the Foundation.

4. The Seal of the Foundation.

5. The Objects of the Foundation.

6. Powers of the Foundation.

7. Officers and servants of the Foundation.

8. Service to the Foundation deemed to be service to the Government for the purpose of certain contracts.

9. Appointment of public officers to the staff of the Foundation.

PART II

FINANCE

10. Fund of the Foundation.

11. The Board to cause proper books of accounts to be kept.

12. Minister to exempt the Foundation from payment of certain taxes.

PART III

GENERAL

13. Powers of Minister in relation to the Board.

14. State property both movable and immovable to be made available to the Foundation.

15. Board's report to be placed before Parliament.

16. Foundation deemed to be a scheduled substitution within the meaning of the Bribery Act.

17. Members of the Board and office and servants of the Foundation deemed to be public servants.

18. Protection of action taken under this Act.

19. Rules.

20. Sinhala text to prevail in case of inconsistency.

21. Interpretation.

31 of 1998.

AN ACT to provide for the establishment of a foundation called the Vijaya Kumaratunga Memorial Foundation, to specify its objects and powers, and to provide for all matters connected therewith or incidental thereto.

[Date of Commencement: 10th June, 1998]

1. Short title.

This Act may be cited as the Vijaya Kumaratunga Memorial Foundation Act.

PART I

ESTABLISHMENT OF THE VUAYA KUMARATUNGA MEMORIAL FOUNDATION

2. Establishment of the Vijaya Kumaratunga Memorial Foundation.

(1) There shall be established a Foundation, in order to perpetuate the memory of the late Mr Vijaya Kumaratunga, to be called "The Vijaya Kumaratunga Memorial Foundation” (hereinafter in this Act referred to as the "Foundation”.)

(2) The Foundation shall, by the name assigned to it by subsection (1), be a body corporate and shall have perpetual succession and a common seal and may sue and be sued in such name.

3. Members of the Board of Management of the Foundation.

(1) The Foundation shall be administered by a Board of Management, (hereinafter in this Act referred to as the Board) consisting of the following members—

(a) The President of the Republic;

(b) The Leader of the Opposition in Parliament;

(c) The Chief Justice of the Supreme Court;

(d) The Auditor-General;

(e) Mrs. Chandrika Bandaranaike Kumaratunga during her lifetime, and thereafter, the oldest surviving descendant of the late Mr Vijaya Kumaratunga:

Provided, however, that if Mrs Chandrika Bandaranaike Kumaratunga is, for any period, an ex-officio member of the Board, the oldest surviving descendant of the late Mr Vijaya Kumaratunga may, during such period, serve as a member of the Board;

Provided, further, that in the event of the oldest surviving descendant being unwilling or unable to serve as a member of the Board, the next oldest surviving descendant may serve as a member of the Board; and

(f) Two persons appointed by Mrs Chandrika Bandaranaike Kumaratunga during her lifetime, and thereafter by the Board, from among persons of recognised competence or eminence in foreign affairs, law, education or the arts.

(2) —

(a) A member appointed under paragraph (f) of subsection (1) may resign from office by a letter in that behalf, addressed to the Board.

(b) A member appointed under paragraph (f) of subsection (1) may be removed from office at any time by Mrs Chandrika Bandaranaike Kumaratunga or the Board, as the case may be.

(c) Subject to the provisions of paragraphs (a) and (b) of this subsection, the term of office of a member appointed under paragraph (f) of subsection (1) shall be three years from the date of his appointment.

(d) A member appointed under paragraph (f) of subsection (1) who vacates office by effluxion of time, shall be eligible for re-appointment.

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