Act of Parliament · As enacted
Asian Buddhist Congress (Incorporation) Act 1993
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s 2Incorporation of the Asian as Buddhist Congress
From and after the date of commencement of this
Act, such and so many persons now are members of the Asian Buddhist Congress (hereinafter referred to as “the Congress”) or shall. hereafter be admitted members of the Corporation hereby constituted
Shall be a body corporate (hereinafter referred to as “the.
s ~
Corporation”) with perpetual succession under the name and style of the “ Asian Buddhist Congress” 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 alter the same at its pleasure.
s 3wan General Corporation is objects of the Corpo-ration,
The general objects for which the established are hereby declared to be—
to promote the total development of man, spiritually, physically, culturally and economically, on the basis of Buddhist principles
;
{b) to promote the observance and practice of the tea-chings of Buddha as enunciated in the five precopts and to promote religious fervour among the Bud-dhists of the Asian Region
;
to promote amity and concord amongst people, respective of race, religion and other differences;
Asian Buddhist Congress (Incorporation) §
Short title.
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Asian Buddhist Congress (Incorporation)
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to provide opportunities for representatives of
Buddhist Associations of the Asian Region to meet and discuss problems, for the purpose of taking col-lective action to safeguard and promote Buddhist interests, either by themselves or through their respective Governments
;
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to initiate, organise, co-ordinate and sponsor, religious, cultural, educational, social and humanitarian ser-vices for the benefit of, youth and the less affluent and under privileged groups, and of Buddhist -
minorities in the countries of the Asian Region ;
to foster the study of, and research into, Buddhism and to foster the preservation and propogation of
Buddhist philosophy and the Buddhist way of life ;
to aid and assist Buddhists to visit places of religious significance, by the provision of pilgrims rests and other facilities at such places ;
to maintain cordial relations with other
Buddhist associations outside the Asian Region and to repre-sent the Buddhists of Asia af regional and interna-tional forums
;
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‘@) to perform any acts, deeds and things, as may be necessary, incidental or conducive to, the accom-plishment of all or any of the objects of the
Corporation.
s 4Powers of
fhe Corpor-Subject to the provisions of this Act and any other written law the Corporation shall have the power to—
to receive or collect gifts, grants, donations, subsidies and subscriptions, whether in cash or otherwise from local or foreign sources ;
to acquire any property, movable or immovable by purchase, exchange, gift, devise, grant or in any other manner, and to hold and enjoy. in perpetuity or for any shorter period or subject to any express trust or otherwise, such property for the benefit, or the furtherenc of the objects, of the Corporation ;
to operate, open and close bank accounts, and to borrow er raise money, with or without security ;
Asian Buddhist Congress (Incorporation)
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Act, No. 23 of 1908
to sell, lease, mortgage, exchange or otherwise dis-pose of, any movable or immovable property belong-ing to, or held by, the Corporation, subject to any trust attached to such property
;
to invest the funds vested in or belonging to, the
Corporation, in adequate securities or in the purchase or acquisition of such lands, buildings, goods, or other property as may be necessary for the Corporation
;
to erect or cause to be erected any building or struc-ture on any land belonging to, or held by the Cor-poration
; and
to engage, employ and dismiss officers and servants required for the carrying out of the objects of the
Corporation.
The management, control and administration of the Corporation shall, subject to the rules in force for the time being of the Corporation, be vested in a Executive
Council (hereinafter referred to as “ the Council ”) consisting of such number of members elected from among members of the Corporation in accordance with the rules of the
Corporation.
The first Council of the Corporation shall be the
Executive Council of the Congress holding office on the day preceding the date of commencement of this Act. The first
Council shall hold office until the first Annual General
Meeting of the Corporation held after the date of commencement of this Act.
It shall be lawful for the Corporation, from time to time, at any general meeting and by a majority of at least two-thirds of the members present and voting to make ‘rules, not inconsistent with the provisions of this Act or any other written law, for the management of the affairs of the Corporation and the accomplishment of its objects.
Without prejudice to the generality of the foregoing powers, such rules may be made in respect of all or any of the ©
following matters :—
classification of membership, fees payable by each class of member, their admission, resignation and expulsion
;
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Asian Buddhist Congress (Incorporation)
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Act, No. 23 of 1993
the procedure to be followed in convening meetings of the Corporation or Council, or. any sub-com-mittee thereof, the quorum therefor and the transaction of business at such meetings
;
election of the Council, resignation or vacation of office, or removal from office, of-office-bearers and the powers, duties, functions and conduct of the members of the Ccuncil ;
appointment, powers, duties and conduct of the officers, agents and servants of the Corporation
;
administration and management of the property of the Corporation
; and
gencrally, for the managerent of the affairs of the
Corporation and the accomplishment of its objects,
The rules of the Congress in force on the day immediately preceding the date of commencement Of this
Act, shall, in so far as they are not inconsistent with provisions of this Act or any other written law, be deemed to be the rules of the Corporation and may be amended, altered or rescinded at a like meeting and in like manner as a rule made under subsection (1) of this section.
The members of the Corporation shall be subject to the rules in force for the time being of the Corporation.
The Corporation shall have its own fund and all moneys heretofore or hereaftér to be received by way of gift, bequest, donation, subscription, contribution, fees or grants, for or and on account of the Corporation shall be deposited to the credit of the Corporation in one or more banks as the Council shall determine.
There shall be paid out of the fund, all sums of money required to defray any expenditure incurred by the Corporation in the exercise, and discharge of its powers, and functions under this Act.
The Council shall cause proper accounts to be kept of all the moneys received and expended by the
Corporation,
The accounts of the Corporation shall be examined and audited at least once in every year and the correctness of the Income and Expenditure Account and the Balance
Sheet, certified by an auditor or auditors appointed by the
Council.
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Act, No. 23 of 1993
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s 9Debts due by and payable to the Congress,
All debts and liabilities of the Congress existing on the day immediately preceding the date of commence-ment of this Act shall be paid and discharged by the Gor-poration hereby constituted and all debts due to, and sub-scriptions payable to, the Congress on that day shall be paia to the Corporation for the purposes of this Act.
1@. The seal of the Corporation shall not be affixed to any instrument whatsoever except with the authority of the Council and in the presence-of at least two members of the Council who shall sign their namés to the instrument in token of their presence and such signing shall be independent of the Signing of any person as a witness,
s 11Seal of the Corpora-tion
No member of the Corporation shall for the pur-pose of discharging the debts and liabilities of the Corpora-tion, be liable to make any contribution whatsoever,
s 12Limit of liabilities of the members of the Corporation,
If upon the dissolution of the Corporation, there
' remains after the satisfaction of all its debts and liabilities, any property including money, such property shall be transferred either to a designated society or to the Public
Trustee and shail be utilised for objects similar to that of the Corporation.
s 13Disposal of property of the Corpora-tion upon dissolu-tion of the Corporation
Nothing in this Act contained shall prejudice or affect the rights of the Republic, or of any body politic or corporate or of any other persons, except such as are mentioned in this Act, and those claiming by, from, or under, them.
s 14Saving of the rights of the republic and others
In the event of any inconsistency between the
Sinhala and Tamil texts of this Act, the Sinhala text shall prevail.
Sinhala text to prevail in fibier 3
case of inconsistency.
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Annual subscription
Rs. 1,180 (Foreign), of English Bills and Acts of the Parliament Rs. 885 (Local), payable to the SUPERINTENDENT GOVERNMENT PUBLICATIONS
Busgau, No. 255 BauppHatona MawaTua, Cotomso 7,-before 15th December each year in respect of the year following, s a.