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5. Rules of the Corporation

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

(1)

It shall be lawful for the corporation from time to time, at any general meeting and by a majority of the members present and voting, to make rules not inconsistent with the provisions of this Act and any other written law for all or any of the following matters :-

(a)

the appointment of the members of the Corporation and their powers, conduct and duties ;

(b)

the appointment, powers, conduct, duties and functions of the various officers, agents and servants of the Corporation ;

(c)

the criteria for selection of beneficiaries and the allocation of resources among different beneficiary groups ;

(d)

the collection, investment and disbursement of the funds of the Corporation and the opening, operation and closing of bank accounts ;

(e)

the procedure to be observed for the summoning and holding of meetings of the Corporation, the times, places, notices and agenda of such meetings, the quorum therefor and the conduct of business thereat ;

(f)

the administration and management of the prop-erty of the Coporation, the custody of its funds and the maintenance and audit of its accounts ;

(g)

the terms and conditions for affiliating the

Federation of Community Advancement Societies and its member societies with the Corporation ;

and

(h)

generally, for the managment of the affairs of the

Corporation and the accomplishment of its objects.

(2)

Any rule made by the Corporation for the time being in force or any rule which may hereafter be passed may be amended, altered, added to, or rescinded at a like meeting and in like manner as a rule made under sub-section (1).

5

Board of Directors of the Rehabilitation and

Education Development Fund

(Incorporation) Act, No.52 of 1999

(3)

the rules of the Rehabilitation and Education

Development Fund in force on the day preceding the date of commencement of this Act, shall be deemed to be the rules of the Corporation made under this section, in so far as they are not inconsistant with the provisions of this Act or any other written law.

(4)

All members of the Corporation shall be subject to the rules in force for the time being of the Corporation.