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As enacted

11. Seal of the Corporation

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

The seal of the Corporation shall not be affixed to any instrument whatsoever, except in the presence of such number of office bearers as may be provided for in the rules of the Corporation, 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.

5

K. Jayatillake Foundation (Incorporation)

Act, No. 01 of 2007

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12.

Property remaining on dissolution.

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 some other Institute or Institutes having objects similar to those of the Corporation and which is or are by the rules thereof, prohibited from distributing any income or property among its or their members. Such

Institute or Institutes shall be determined by the members of the Corporation at or immediately before the dissolution of the Corporation.