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14. Property remaining on dissolution

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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 after the satisfaction of all its debts and liabilities any property whatsoever, such property shall not be dis-tributed among the members of the Corporation, but shal!

be given or transferred to some other institution or institutions having objects similar to those of the Corpora-tion, and which is or are by the rules prohibited from distributing any income or property among its or their members:

Rathgama Development Foundation (Incorporation)

7

Act, Ne. 70 of 1992

{5. Nothing in this Act contained shall prejudice or affect the rights of the Republic, or any body politie or corporate, or of any other persons, except such as are mentioned in this Act, and those claiming by, from, or under them.

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