As enactedVersion · As enacted
11. Debts due by and payable to the Institute
Feedback & supportOfficial English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
All debts and liabilities of the Institute existing on the day immediately preceeding the date of commencement of this Act shall be paid and discharged by the Corporation hereby established and all debts duc to, and subscriptions and contributions payable to the Institute, on that day, shall be paid to the Corporation for the purposes of this Act.