2. Incorporation of the Shaili Educational Foundation

Official English translation. The Sinhala text prevails.

(1)

From and after the date of commencement of this Act, such and so many persons as now are members of the Shaili Educational Foundation (hereinafter referred to as the “Foundation”, and shall hereafter be admitted as members of the body corporate hereby constituted shall have perpetual succession under the name and style of the “Shaili Educational Foundation” (hereinafter referred to as the “body corporate”), 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.

(2)

The body corporate shall be deemed to be a

Voluntary Social Service Organization within the meaning and for the purpose of the Voluntary Social Service

Organization (Registration and Supervision) Act, No. 31

of 1980 and the provisions of that Act shall apply to and in relation to the management of the affairs of the body corporate.

Read on from s 3