2. Incorporation of the Premadasa Hegoda Foundation

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

Premadasa Hegoda Foundation (hereinafter referred to as the

“Association”) or shall hereafter be admitted members of the

Corporation hereby constituted, shall be a body corporate with perpetual succession, under the name and style of the

“Premadasa Hegoda Foundation” (hereinafter referred to as the “ Corporation”) and by that name may sue and be sued, with full power and authority to have and use a common seal and to alter the same at its pleasure.