2. Incorporation of the Samastha Lanka International Development Association

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

Lanka International Development Association (hereinafter referred to as “the Association”) or shall hereafter be admitted as members 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

“Samastha Lanka International Development Association”

and by that name may sue and be sued in all courts, with full power and authority to have and to use a common seal and to alter the same at its pleasure.