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9. Debts due by and payable to the Foundation

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

All debts and liabilities of the Foundation existing on the day preceding the date of commencement of this Act shall be paid and discharged by the Corporation hereby constituted and all debts due to, subscriptions and contributions payable to the Foundation on that day shall be paid to the Corporation for the purposes of this Act.