YOUNG MEN'S BUDDHIST ASSOCIATION, MAHARAGAMA (INCORPORATION) ACT

Arrangement of Sections

1. Short title.

2. Incorporation of the Maharagama Young Men's Buddhist Association.

3. General objects of the Corporation.

4. General powers of the Corporation.

5. Management of the affairs of the Corporation.

6. Rules of the Corporation.

7. Fund of the Corporation.

8. Debts due by and payable to the Association.

9. Corporation may hold property movable or immovable.

10. Seal of the Corporation.

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

12. Sinhala text to prevail in case of any inconsistency.

19 of 1998.

AN ACT to incorporate the Young Men's Buddhist Association, Maharagama.

[Date of Commencement: 31st March, 1998]

1. Short title.

This Act may be cited as the Young Men's Buddhist Association, Maharagama (Incorporation) Act.

2. Incorporation of the Maharagama Young Men's Buddhist Association.

From and after the date of commencement of this Act, such and so many persons as now are members of the Young Men's Buddhist Association, Maharagama (hereinafter referred to as the "Association”) or shall hereafter 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 "Young Men's Buddhist Association, Maharagama” and by that name may sue and be sued in all courts, with full power and authority to have and use a common seal and to 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—

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