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8. Debts due by and payable to the Foundation

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

All debts and liabilities of the Foundation existing on the day prior to the coming into operation of this Act shall be paid by the Corporation and all debts due and subscriptions and contributions payable to the Foundation on that date shall be paid to the Corporation for purposes of this Act.