Government Services Buddhist Association (Incorporation) Act 2008

From :ind after the date of commencement of this Act, such and so many persons as now are members of the

Gove·rnment Servil:es Buddhist Association (hereinafter referred to as the ''Association") or shall hereafter be admitted members of the Corporation hereby constituted, shall be a ·

body corporate (hereinafter referred to as the "Corporation")

with perpetual succession, under the name and style of the

"Government Services Buddhist Association" and by that name may sue and be sued with full power and authority to have and use a t·ommon seal and to alter the same at its pleasure.

The general objects for which the Corporation is

_constituted arc hereby declared to be-

in relation to Buddhists, presently if employed in or who were previously employed in the public servico--

to take action to fulfil the religious, social.­

to establish and develop mu1ual co-operation ;

to cultivate and foster spiritual development;

to incukale and promote the ¾1alues such as hones1y, efficiency, impartiality and good public relations ;

to take action for the welfare of the Buddhists in

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 as are necess:iry or desirable for the promotion or furtherance of the objects of the Corporation or any one of them, including the power to open. operate and close bank accounts, 10

borrow or raise moneys. with or without security, to receive or collect gran.ts 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.

Management of the affairs of the Corporation.

S.. (-1) The affairs of the Corporation shall, subject to the other provisioins of this Acl be administered by a Board of

Management (hereinafter referred to as the ''Board'')

consi¿ting of the office-bearers and such other members as may be elected in accordance with the rules of the Corpora1ion made under section.6 .

. (2) The first Board shall be the Board of Management of the Association holding office on the day preceding the date of commencement of this Act.

Cm·c1w11em Scn·iccs Buddliist Associario11 3

( /11corporation) Act, No. 3 of 2008

It shall be lawful for the Corporation, from time ro time. at any general meeting and by a majority of not less than two-thirds of the niembers pr,:sent and voting. to make rules. not im:onsistent with the provisions of this Act. or any other written law. in respect of all or any of the following matters:-

the classification of membership and the adm bsion, withdrawal or expulsion of members ;

the election of rhe office-bearers, the resignation from, or vacation of, or removal from office of office­

the election of the members of the Board, the·

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

the procedure to be observed at, and the summoning and holding of. meetings of the Board, the times, places. notices and agenda of su<.;h meetings. the quorum therefor and the conduct of business thereat ;

gc11crally for the management of the affairs of the

J\ny rule made by the Corporation may be! amended, altered, added to, or rescinded at a like meeting and in like manner as a rule made under subsection (I).

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

· (I) The Corporation shall have its own fund and all moneys· received by way of gifls, testament.iry disrositinns, grants. donations. contributions or fees ::hall be deposited in the name of the Corporation in one or more banks as may be decided by the Board.

All expenses borne by the Corporation in the exercise and discharge of 1h.e powers and f um:lions of. the Corpmal ion shall be paid out of the Fund.

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

The accounts of the Co.rporation shall be examined and audited m least once in every year. and the correctness of the income and expenditure accuunl and balance sheet shall be cei·tified by an auditor or auditors who shall be an .issoc:i:lle member of the lnstitute of Charted Accountant:- of Sri Lanka appointed by the Corporation.

All debts and liabilities of the Association existing un the day preceding the date of coinnrencemcnt of rhis Act, shall be paid by the Corporation and all debts due to, and subscriptions and comributions pƇyable lo the Association.

on that day shall be paid tu the Corporation for the purposes of this Act.

Corp!lration may holJ propHrty movable or immnv;,blc.

l 0. The Corporation shall be able and capable in law to acquire and hold any propeny, movable or immovuble. which may become vested in it by virtue of any purchase, gr.mt, gift, testamentary disposition or otherwise. and all such prope11y shall b<! held by the Corporation for the purposes of this Act and subject to the rules of the Corporation, made under section 6 and it sh:ill have full power to sell. mortgage.

lease. exchange or otherwise dispose of the same.

Gol'emmenr Sen•ices 811ddhist Association 5

(/11corporatio11) Act. No. 3 of 2008

If upon the dissolution of the Corporation there remains. after the satisfaction of all debts and liabilities, any property whatsoever. thar property shall not be distributed among the members of the Corporation, but shall be given or transferred W some other association having objects, similar to the objects of the Corporation which are by the rules thereof prohibited from distributing any income or profit among their members. The association shall be determined by the members of the Corporation at or immediƲtely before the rime of dissolution of the Corporation.

No member of the Corporation shall. for the purpose of discharging the debts and liabilities of the

Corporation or for any other purpose, be liable to make any contribution exceeding the amount of such membership fees as may be due from him to the

Corporation.

The seal of the Corporation shall be in the custody of the Honorary General Secretary and it shall not be af fixed to any instrument whatsoever except in the presence of the

Honorary General Secrct:try and either the Pre5ident or the

Honorary Treasurer of the Corpor:llion, who shall sign their names to the instrume111 in token of their presence. and such signing shall be independent of the signing ,,f any person as n witness.

I.:& Nothing in this Act wnt::iincd shall prejudice or affect the rights of the Republit: or of any body politic or corporate.

Sinhala and Tamil texts of this Act. the Sinhala text shall prevail.

Pro pert;

remaining on disƳolution.

Limitation of liabilitƴ of members.

Seal of the

C1,rporatio

11.

Saving; of 1hc rights l>f lli,•

Rcpuhlic and olhcrs.

Sinhala tl!l to prevail in case of inl·onsi,tcn,·y.