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13. Property remaining on dissolution

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

If upon the dissolution of the Corporation, there remains any property after the satisfaction of all debts and liabilities, such property shall not be distributed among the members of the Corporation, but shall be given or transmitted to some other institution or institutions having objects similar to those of the Corporation, and which is or are by its rule prohibited from distributing any income or property

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Organization for the Erection of Balana

Buddha Statue (Incorporation)

among its of their members. Such institution or institutions may be determined by the Committee of Management on or before the dissolution of the Corporation.