Young Men's Buddhist Association, Pannipitiya (Incorporation) Act

Arrangement of Sections

1. Short title.

2. Incorporation of the Pannipitiya 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. Debts due by and payable to the Association.

8. Corporation may hold property, movable and immovable.

9. Seal of the Corporation.

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

11. Sinhala text to prevail in case of inconsistency.

12 of 1992.

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

[Date of Commencement: 11th March, 1992.]

1. Short title.

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

2. Incorporation of the Pannipitiya 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 Pannipitiya Young Men's Buddhist Association (herein after 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 style and name of "Pannipitiya Young Men's Buddhist Association”, and by that name may sue and be sued in all courts, with full power and authority to have and use a common seal.

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