2. Incorporation of the K. R. G. Wijesundara National and Employees Welfare Foundation

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

From :rnd after rhe <late 0r comn1c:npement of this

Act. such and уo r.i:rny perфons as :1ow arc members of the

K. R. G. Wijcхu11dar" Na1ional ,rnd Ernph)yees Welfare

Foundation (hereinnfrc:· :-.::fcrr.:::.i to as lhc .. h1undation") and such other per:..:.;ns ц:rnll hcr..:ai°t-:f be admiucd as members of the Corporation hereby consritt1:::d. shall be a body corporate with perpetual sut·ce,swn. ur.dci" the name and style of the

'·K. R. G. Wijesundar:i Nati(mal :md Employees Welfare

.Foundation·· ·(herein:ihc.r reiчired 10 aш ''the Corporation")

and by that name may щtie an<l b,: :-l,r.:d. with full power and authority to have an.:i ;;::.ca ,:rn1:m0n 1>.:Ji ,•nd to alter the same at its pleasure.

2-PL 0021.ilJ7-3.25\J ,1 I Wi2007i

K. R. G. Wijesundara National and Employees

Welfare Foundation ( /11corporatio11)

Act, No. 19 of 2008

General objects 3.

The general objects for which the Corporation is of the constituted are hereby declared to be-Corporation.

(a)

to work for the creation of a disciplined and morally sound society in Sri Lanka and specially among the members of the Corporation and to promote healthy and economic environment ;

(b)

to ensure the welfare of the members of Corporation and their families ;

(c)

to provide assistance to the people when natural or national disaster occur ;

(d)

to award prizes, certificates, scholarships and provide other assistance to deserving students in educational institutions which are identified by the

Corporation ;

(e)

to contribute to educational and sports activities and to construct buildings and provide other facilities to under-developed schools particularly to the Nugawela Madhya Maha Vidyalaya ;

(j)

to open savings accounts with initial deposits of such sums as may be determined by the Corporation, for minor children of the members of the

Corporation ;

(g)

to provide financial and other assistance to members of the Corporation for functions and ceremonies that take place within their families ;

(/1) to negotiate bank loans for housing needs of the members of the Corporation on the security of the assets of the Corporation ;

(1)

to contribute towards retirement schemes for the members of the Corporation ;

K. R. G. Wijesundara National and Employees 3

Welfare Foundation ( Incorporation)

Act, No. /9 of2008

(j)

tf <!Stablish and maintain retirement homes and contrib-.te towards their basic needs ;

(k)

to launch self-employment and vocational training centres, for the benefit of youths from the families of the members of the Corporation ; and

(/) to serve the people without any discrimination of race or religion and to assist in creating a better nation.

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