Act of Parliament · As enacted
Sri Rathnajothi Community Development and Social Foundation (Incorporation) Act 2008
Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk
Official translationFrom Department of Government Printing, unchanged
s 1Short title
This Act may be cited as the Sri Rathnajothi
Community Development and Social Foundation
(Incorporation) Act, No. 18 of 2008.
s 2Incorporation of Sri Rathnajothi Community Development and Social Foundation
From and after the date of commencement of this Act, such and so many persons as now are members of the "Sri
Rathnajothi Community Development and Social
Foundation" or shall· herc<1fter be admitted members of the
Corporation hereby constituted, shall be a body corporate
(hereinafter refe1Te<l to as the ··corporation") with perpetual succession, under the name and style of the "Sri Rathnajothi
Community Development and Social Foundation" and by thal name :may sue and be sued, in all courts, with full power
!}nd authority to have and to use a common seal and 10 alter the same.al its discretion.
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2-PL 002355-3.250 (081:!007)
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Sri Rathi1ajothi Co1111111111ity Development a11d
Social Fo1111datioi1 ( /11co1poratio11)
Act, No. l 8 of 2008
s 3General objects of the Corporation
The general objects for which the Corporation is constituted are hereby declared to be---:
to develop the moral foundation of the community and to follow relevant measures in this regard ;
to implement programmes in respect of pre-schools, day-care centres, children's homes and child education ;
to assist in whatever ways possible to enhance the welfare.and benefits .of Sri Lankan students who unable to pursue their education due to poverty a{d
.|isability ;
to establish libraries and organize necessary classes, lectures, seminars, conferences, workshops, discussions, dialogues, educational tours,
.:xhibitions and publish newspapers and magazines
. wit} a view to ensure development of education ;
to nelp the poor, the elderly, the destitute and people
" · ·
with physical and mental disabilities by providing
.. housing and other essential facilities to them ;
(/) to inaugurate language training and vocational training courses in order to deploy the youth in productive·services ;
to provide facilities to the youth to engage in income
·generating activities and to continue to· give them necessary assistance in this regard ;
(/1) · t? implement programmes in relation to ~hild health, adult health, disease control, clinics, exercises, sports
'ad 'medical aid with a view to ensure welfare of the.
community;
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Sri Ratlznajotlzi Co1111111111ity Developmelll and 3
Social Foundation ( /11corporatio11)
Act, No. 18 o/2008
(iJ :o nrovide shramadana and similar voluntary serv1L"C'S for the social development activities specially among the low-income groups and to inaugurate and carry out pilot projects in this regard ;
(J)
to assist persons with no regular employment to engage in any industry or trade or to commence and operate agricultural, industrial or commercial ventures and to organize training programmes and propaganda activities to help them to make use of the modern technological devises in this regard and
to collaborate with any other institutions whether foreign or local, having objects similar to those of the Corporation ;
s 4General powers of the Corporation
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/or close bank accounts, to borrow and raise moneys with or without security, to receive or collect grants and donations, to invest its funds, and to engage, employ and dismiss personnel required for the carrying out of the objects of the Corporation.
The affairs of the Corporation shall, subject to the rules of the Corporation, be administered by a Board of
Directors (hereinafter referred to as 'Board') consisting ..:,f the
President, two Vice Presidents, the General Secretary, the
Treasure:, the Auditor and eight other members elected by the members in accordance with the rules of the Corporation.
Notwithstanding anything to the contrary in subsectio11
of this section, the Chief Incumbant or a resident bikku of the kuli I Diyakadimulla Sripathi Pidvena shall be the
President of the Board until he resigns or vacates such office.·
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Sri Ratl111ajotl1i Com1111111ity Developmellf and
Social Fo1111dario11 ( fllcoqJOratio11)
Act, No. I 8 of 2008
The first Board of Directors of the Corporation shall be the Board of Directors of the Foundation holding office on the day preceding the date of commencement of this Act.
It shall be lawful for the Corporation from time to time, at any general meeting to make rules by the votes of two-thirds of the members present and voting, not inconsistent with the provisions of this Act or any other written law for all or any one of the followfog matters :-
the classification of membership and the admission, withdrawal or expulsion of members ;
the election of the office-bearers of the Board who shall be a President. two Vice presidents. General
Secretary, Treasurer and Auditor and eight other
Executive Committee Members who shall be members of the Board of Directors;
the powers, conduct. duties and functions of \"arious officers, agents and servants of the Corporation ;
the procedure to be observÕd at meetings of the
Board, the summoning and holding of meetings of the Board, times, places, notices and agenda of such meetings, the quorum therefor and the conduct of business thereat ;
the administration and management of the property of the Corporation ; the custody of its funds and maintenance and audit of its accounts ; and
generally, the management of the affairs of the
Corporation.
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.
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Sri Rar/majotlii Co1111111111ity Develop111e111 and
Social Fo1111datio11 ( J11corporatio11)
Act, No. 18 of 2008
s 12Corporation may hold property movable and immovable
The Corporation shall be able and capable in law to take and hold any property, movable or immovable, which may become vested in it by virtue of any purchase, grant, gifts, testamentary disposition or otherwise and all such property shall be held by the Corporation for the purposes of this Act and subject to the rules of the Corporation, with full power to sell, mortgage, lease exchange or otherwise dispose of the same.
s 13Seal of the Corporation
The seal of the Corporation shall not be affixed to any instrument whatsoever, except in the presence of the
President and the Secretary or the Treasurer who shall sign their names to the instrument in token of their presence and such signing shall be independent of the signing of any person as a witness.
s 14Liability of members
No member of the Corporation shall, for the purpose of discharging the debts or liabilities of the Corporation or for any other purpose of this Act. be liable to make any contribution exceeding the amount of such member 's one year's membership fees for the time being.
s 15Dissolution or winding up
In the event of the dissolution or winding up of the
Corporation, if there remains after the satisfaction for all its debts and liabilities and outgoings, any property whatsoever, such property shall not be distributed among the members of
. the Corporation but the same shall be given or transferred to some institution or institutions having objects similar to the objects of the Corporation and which is or are by the rules .
thereof prohibited from distributing any income or property among its or their members at the discretion of the Board of
Directors of the Corporation. If such property or any part thereof cannot be disposed of in accordance with the foregoing provisions or this section such property or part thereof shall be applied to some charitable object which shall be determined by the Board of Directors of the
Corporation.
Sri Rathnajothi Community Development and 7
Social Foundation ([11corporatio11) -
Act, No. 18 o/2008
s 16Saving of the rights of the Republic and others
Nothing in this Act contained shall prejudice or affect the rights of the Republic or of anybody politic or corporate or of any other persons.
s 17Sinhala text to prevail in case of inconsistency
In the event of any inconsistency between the
Sinhala and Tamil texts of this Act, the Sinhala text shall prevail.
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