Volume IV
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Arrangement of Sections

1. Short title.

2. Incorporation of the K. Jayatilleke Foundation.

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. Accounts of the Corporation.

9. Debts due by and payable to the Foundation.

10. Corporation may hold property movable or immovable.

11. Seal of the Corporation.

12. Property remaining on dissolution.

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

14. Sinhala text to prevail in case of inconsistency.

1 of 2007.

AN ACT to incorporate the K. Jayatilleke Foundation.

[Date of Commencement: 16th January, 2007]

1. Short title.

This Act may be cited as the K. Jayatilleke Foundation (Incorporation) Act.

2. Incorporation of the K. Jayatilleke Foundation.

From and after the date of commencement of this Act, such and so many persons as presently are members of the K. Jayatilleke Foundation (hereinafter referred to as the "Foundation”) or shall hereafter be admitted as members of the Corporation hereby constituted, shall be a body corporate with perpetual succession under the name and style of the "K. Jayatilleke Foundation”, (hereinafter referred to as the "Corporation”) and by that name may sue and be sued, with full power and authority to have and to 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—

(a) to introduce measures for the development of language and literature;

(b) to preserve and publish the creations and literary works of K. Jayatilleke and leave them as legacy to future generations;

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