Leo and Josephine De Almeida Memorial Foundation (Incorporation) Act 2007

This Act may be cited as the Leo and Josephine De Almeida

Memorial Foundation (Incorporation) Act, No. 17 of 2007.

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

Leo and Josephine De Almeida Memorial Foundation

(hereinafter referred to as the “Foundation”) or shall hereafter be admitted member 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 “Leo and Josephine De Almeida Memorial

Foundation”, 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 to alter the same at its pleasure.

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

to establish homes for the elders to provide care for destitute or needy elders and to provide for their

to provide and maintain homes for elders and destitutes and hospitals to care for the sick, infirm and disabled;

to render educational services and vocational training for people ;

to establish and maintain centres to help disabled persons to lead a normal life as far as possible ;

to otherwise render educational, social and other charitable services ;

to establish and maintain libraries with lending and reference facilities for students and to promote reading habits in the adult population ;

to provide scholarships for needy students who are successful at public examinations ;

to provide medical facilites, clothing and shelter for needy orphans and the sick ;

to provide welfare facilities, for the usually handicapped, the physically handicapped, the mentally retarded and for persons whose hearing is impaired ;

to identify the socio-economic, religous and cultural needs of the community and to formulate and implement appropriate projects and programmes to meet such needs, and to undertake any other project that is conducive to the general welfare of the community ;

to promote, arrange, organize and hold exhibitions, lectures, seminars, workshops, classes and conferences in furtherance of the objects of the Corporation ;

to promote, peace, goodwill, understanding and co-operation among all communities and people of Sri

to promote the upliftment of youth, who are economically and socially disadvantaged ;

to promote the advancement of education and knowledge and to provide scholarships, grants or other forms of financial assistance to scholars, researchers and to recognized institutions or organizations;

to promote and encourage cultural, literary and charitable activities ;

to organize and hold public lectures, seminars, workshops, conferences, debates, short term educational courses for youth, with a view to advancing their knowledge and enabling them to secure employment ;

to promote and encourage publications on matters of national and international interest; and

to establish and maintain educational institutions, libraries, museums and hospitals ;

The affairs of the Corporation shall, subject to the rules in force for the time being of the Corporation, be administered by a Committee of management elected in

Leo and Josephine De Almeida Memorial accordance with the rules of the Corporation. Subject to the provisions of this Act, the Committee of Management shall make rules for, and in respect of, all or any of the following matters :—

the terms and conditions of service including remuneration of the officers and servants of the

the schemes of recruitment and procedures for appointment of the officers and servants of the

the annual programme and plan of work, the annual budget, the annual report and accounts of the

such other matters or in respect of which rules are required or authorized by this Act to be made.

The Corporation shall, subject to the provisions of this Act, have the following powers :—

to acquire and hold property, movable or immovable, by virtue of any purchase, grant, gift, testamentary disposition or otherwise, and subject to any trust attaching to such property, to sell, mortgage, lease, exchange or otherwise dispose of the same;

to enter into and perform, all such contracts as may be neccessary for carrying out the objects of the

to receive or collect gifts, grants or donations, in cash or kind, from local or foreign persons or organizations ;

to make, draw, accept, endorse, negotiate, buy, sell and issue, bills of exchange, cheques, promissory notes and other negotiable instruments and to open and maintain, current, savings and deposit accounts in any bank or banks ;

to borrow, with or without security, moneys necessary for carrying out its objects ;

to invest any moneys belonging to the Corporation including any unapplied income as determined by the Committee of Management ;

to appoint such officers and servants as may be necessary for carrying out its objects ; and

to make rules in relation to all matters connected with the working of the Corporation and to make such rules as are not inconsistent with the provisions of this Act or any other written law, and to alter, vary, rescind them.

The Corporation shall have its own fund

There shall be credited to the Fund—

There shall be paid out of the Fund of the

The Committee of Management shall cause proper books of accounts to be kept of the income and expenditure, assets and liabilities and all other transactions of the Corporation.

The financial year of the Corporation shall be the calendar year.

The Accounts of the Corporation shall be audited by qualified Auditors.

In this Act unless the context otherwise requires

The Seal of the Corporation—

shall be in the custody of such person as the

may be altered in such manner as may be determined by the Committee of Management ;

shall not be affixed to any document except with the sanction of the Committee of Management and in the presence of two members of the Committee of Management who shall sign the document in token of their presence.

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 Association or

Associations having objects similar to the objects of the

Corporation, and which is or are by the rules prohibited from distributing any income or property among its or their members of the Corporation at, or immediately before, the time of the dissolution of the Corporation.

Nothing in this Act contained shill prejudice or afffect the right of the Republic or of 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.