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As enacted
EnglishSinhala සිංහල, official PDF on documents.gov.lkTamil தமிழ், official PDF on documents.gov.lk
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12. Debts due by and payable to the Foundation

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

All debts and liabilities of the foundation existing on the day immediately preceding the date of commencement of this Act, shall be paid by the body corporate hereby constituted and all debts due to and subscriptions and contributions payable to the Foundation on that day shall be paid to the body corporate for the purpose of this Act.

Read on from s 13