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12. Liability of members of the Corporation

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

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 towards discharging such debts and liabilities exceeding the amount of such annual subscriptions as may be due from him to the Corporation.

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