As enactedVersion · As enacted
14. " remaining cn dissolution
Feedback & supportOfficial English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
If upon the dissolution of the - Corporation there remains after the satisfaction of all its debts and liabilities, any property whatsoever, such property shall not be dis-tributed among the members of the Corporation, but shall be given or transferred to some other. Association or
Associations having objects’ similar to ‘those of the Cor-poration, and which is or are by the rules thereof prohibit-ed from distributing any income or property araong its or their members. Such Association or Associations shall be determined by the members of the Corporation at or immediately before the dissolution of the Corporation.