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12. Property remaining on dissolution

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

If upon the dissolution of the Corporation there remains after the satisfaction of all its debts and liabilities, any property whatsoever, such property shall not be distributed among the members of the Corporation, but shall be given or transferred to any other Institute or Institutes having objects similar to those of the Corporation and which is or are by the rules thereof prohibited from distributing any income or property among its or their membes. Such

Institute or Institutions shall be determined by the members of the Corporation at or immediately before the dissolution of the Corporation.

7

Social Service Foundation of Wickramashila

Dharmayathenaya in Bandaragama (Incorporation)