Siriniwes Prajamithra Sahayogitha Kendraya (Incorporation) Act 2010

This Act may be cited as the Siriniwes Prajamithra

Sahayogitha Kendraya (Incorporation) Act, No. 4 of 2010.

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

Siriniwes Prajamithra Sahayogitha Kendraya (hereinafter referred to as “Kendraya”) 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

“Siriniwes Prajamithra Sahayogitha Kendraya” and by that name may sue and be sued with full power and authority to have and use a common seal and alter the same at its pleasure.

Siriniwes Prajamithra Sahayogitha

The general objects for which the Corporation is constituted are hereby declared to be to —

improve the economic standards of the poor families living within Sri Lanka ;

collaborate with the Government activities to improve and maintain standard of education of these poor families;

assist and support the activities to eliminate poverty and improve the financial standards of the poor;

support the activities in the protection and conservation of the environment;

improve health and nutrition levels through social activation projects and to provide assistance for social welfare activities;

collaborate with any other Institution or Organization in Sri Lanka or abroad having objects similar to those of the Corporation and to exchange views and programmes with them;

assist in the provision of books, instrument, clothing, loans and other financial assistance to children in lower income families which need assistance;

Subject to the provisions of this Act and any other written law, the Corporation shall have the power to do, perform and execute all such acts, matters and things whatsoever, as are necessary or desirable for the promotion or furtherance of the objects of the Corporation or any one of them including the power to open, operate and close bank accounts to borrow or raise money with or without security to receive or collect grants and donations to invest its funds and to engage, employ and dismiss officers and servents required for the carrying out of the objects of the Corporation.

The affairs of the Corporation shall, subject to the provisions of this Act and the rules of the Corporation made under section 7 be administered by a Committee of management consisting of the Executive Director, President,

The first Committee of Management of the Corporation shall consist of the members of the Kendraya holding office on the day prior to the date of commencement of this Act and who shall hold office until a new Committee of

The Viharadhipathi of the Sri Priyadarshanarama

Where the Executive Director of the Corporation, due to ill health or any other cause, is temporarily unable to discharge the duties as Executive Director, he shall nominate the most senior bikku in the Sri Priyadarshanarama Purana

Ven. Kobbewala Siriniwasa Nahimi, the Viharadhipathi of the Sri Priyadarshanarama Purana Rajamaha

It shall be lawful for the Corporation, from time to time, at any general meeting and by majority of not less than two thirds of the members present and voting to make rules,

Any rule made by the Corporation may be amended, altered, added to or rescinded at a like meeting and in like manner as a rule made under subsection (1).

The Members of the Corporation shall be subject to the rules of the Corporation.

The seal of the Corporation shall—

be in the custody of the executive Director and the

not be affixed to any document except with the sanction of the Committee of Management and in the presence of two members of the Committee of

The financial year of the Corporation shall be the calendar year.

The Corporation shall cause proper accounts to be kept of its income and expenditure, assets and liabilities and all other transactions of the Corporation.

The accounts of the Corporation shall be audited by a qualified auditor.

In this section, “qualified auditor” means—

The Corporation shall be able and capable in law to acquire and hold any property, movable or immovable, which may become vested in it by virtue of any purchase, grant, gift, lease, testamentary disposition and all such property shall be held by the Corporation for the purposes of this Act, and subject to the rules of the Corporation made under section 7 with full power to sell, mortgage, lease, exchange or otherwise dispose of the same.

Siriniwes Prajamithra Sahayogitha

No member of the Corporation shall for purpose of discharging the debts and liabilities of the Corporation or for any other purpose, be liable to make any contribution other than what may be due from him to the Corporation.

The Corporation shall have its own fund and all moneys received by way of gifts, testamentary dispositions, transfers, donations or contributions shall be deposited in the name of the Corporation in one or more banks as may be decided by the Council.

All expenses incurred by the Corporation in the exercise and discharge of the powers and functions of the Corporation shall be paid out of the fund of the Corporation.

Nothing in this Act contained shall prejudice or affect the rights of the Republic or of any body politic or corporate.

In the event of any inconsistency between the

Sinhala and Tamil texts of this Act, the Sinhala text shall prevail.