Gamage Arthur Perera Foundation (Incorporation) Act 2009

This Act may be cited as the Gamage Arthur Perera

Foundation (Incorporation) Act, No. 26 of 2009.

From and after the date of commencement of this Act, such and so many persons as are members of the “Gamage

Arthur Perera Foundation” (hereinafter referred to as the

“Foundation”) or shall hereafter be admitted as members of the Corporation hereby constituted shall and become a body corporate with perpetual succession under the name and style of Gamage Arthur Perera Foundation (hereinafter referred to as “the Corporation”) 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.

The general objects for which the Corporation is constituted are hereby declared to be —

to establish and maintain orphanages and homes for the aged in the name of Gamage Arthur Perera and to establish social welfare centres;

to provide medical aid, food and housing to the poor, the destitute and the sick ;

to co-operate and associate with other associations, societies or organizations having objects similar to those of the Corporation ;

to sponsor and conduct conferences, seminars workshops, group studies and lectures in Sri Lanka and elsewhere, in furtherance of the objects of the

to print, publish and distribute books, journals, leaflets, newspapers and magazines which the

The affairs of the Corporation shall subject to the rules of the Corporation be administered by a Committee of

The first Committee of Management of the

Subject to the provisions of this Act and any other written law, the Corporation shall have the power to do, perform and execute all such Acts, matters and things whatsoever, as are necessary or desirable for the promotion or furtherance of the objects of the Corporation or any of them, including the power to open, operate or close bank accounts, to borrow or raise moneys, with or without security, to receive

Gamage Arthur Perera Foundation (Incorporation)

or collect grants and donations to invest its funds and to engage, employ and dismiss officers and servants required for the carrying out of the objects of the Corporation.

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

Any rule made by the Corporation may be amended, altered, added to or rescinded at a like manner as a rule may be made under sub-section (1).

The members of the Corporation shall be subject to the rules of the Corporation.

All debts and liabilities of the Foundation existing on the day preceding the date of commencement of this Act, shall be paid and discharged by the Corporation hereby constituted and all debts due to and subscriptions and contributions payable to the Foundation on that day shall be paid to the Corporation hereby constituted.

The Corporation shall be able and capable in law to acquire and hold any property movable or immovable, which may become vested in it by virtue of any purchase, grant, gift or testamentary disposition or otherwise, and all such property shall be held by the Corporation for the purposes of this Act and subject to the rules of the Corporation, with full power to sell, mortgage, lease, exchange or otherwise dispose of, encumber or charge the same.

The Corporation shall have its own fund and all moneys heretofore or hereafter 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 in one or more banks as the Corporation shall determine.

There shall be paid out from the fund, all sums of moneys as are required to defray any expenditure incurred by the Corporation in the exercise, performance and discharge of its powers and functions under this Act.

The Corporation shall cause proper accounts to be kept of all moneys received and expended by the

The Accounts of the Corporation shall be examined and audited at least once in every year and the correctness of

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 distributed among the members of the Corporation, but shall be given or transferred to institution or institutions having objects similar to those of the Corporation and which is or are by its or their rules prohibited from distributing any income or property, among the members.

The seal of the Corporation shall not be affixed to any instrument whatsoever except under the authority of the

Committee of Management and in the presence of the

President and the Secretary or a member of the Committee of

Management who shall sign their names to the instrument in token of their presence and such signing shall be independent of the signing of any person as a witness.

Nothing in this Act contained shall prejudice or affect the rights of the Republic or any body politic or corporate or of any other persons.

In the event of any inconsistency between the Sinhala and Tamil texts of this Act, the Sinhala text shall prevail.

Gamage Arthur Perera Foundation (Incorporation)