Alakolamada Sri Jayasumana Rama Maha Viharadayaka Sabha (Incorporation) Act 1993

This Aet may be cited as the Alakolamada Sri J aya-sumanarama Maha Vihara Dayaka Sabha (Incorporation)

Act, No. 20 of 1993,

From and after the date of the commencement of this

Act, such and so many persons as now are members of the

Alakolamada Sri Jayasumanarama Maha Vihara Dayaka

Sabha (hereinafter referred to as the “ Dayaka Sabha ”) or shall hereafter be admitted members of the Corporation hereby constituted (hereinafter referred to as the “ Corpora-tion”) shall be a body corporate with perpetual succession, under the name and style of “ Alakolamada Sri Jayasumana-tama Maha Vihara Dayaka Sabha” and by that name tnay sue and be sued in all courts, with full power and authority to use a common seal and to alter the same at its pleasure.

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

Corporation.

to promote the interests of Buddhism ;

to provide for, and maintain, the Alakolainada Sri

The affiairs of the Corporation shall, subject to the rules for the time being of the Corporation, be adminis-of the tered by a Council of Management consisting of—

It shall be the duty of the Board of Patrons to ad-vise the Couniil of Management on matters relating to the achievement of the objects of the Corporation.

The first Council of Management of the Corporaticn shall be the Council of Management of the Dayaka Sabha holding office on the day preceding the date of commence-ment of this Act.

Every member of the Council of Management other than members of the Board of Patrons shall hold offiie for a period of two years and at the end of which period, a a successor shall be elected at a general meeting or ai a special general meeting of the Corporation convened for such purpose.

Any member of the Council of Management who has not been removed for negligence of duty or fraud may be re-elected to any office.

It shall be lawful for the Corporation from time to time, at any general meeting of the members and by the votes of not less than two-thirds of the members present and voting, to make rules not inconsistent with the provi-sions of this Act or any other written law, for the admis-sion, withdrawal or expulsion of members, for the election of office bearers, the Council of Management for the conduct of tne duties of the Counci] of Management, and of the various officers, agents and servants of the Corporation for the procedure to be followed in the transaction of business of the Council of Management and the Corporation, and otherwise generally, for the management of the affairs of the Corporation and the accomplishment of its objects.

The rules of the Dayaka Sabha in force on the day preceding the date of commencement of this Act shall, in so far as they are not inconsistent with the provisions of this

The members of the Corporation shall at all times be subject to the rules of the Corporation.

The Corporation shal! be able and capable in law to take over and hold any property movable or immovable, which may become vested in it by virtue of any purchase, grant, gift, 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 in force for the time being of the Corporation, with power to sell, mortgage, lease, exchange or otherwise dispose of the same.

Subject to the provisions of this Act or any other written law the Corporation shall have the power to do, per-form, and execute all such acts, matters and things whatso-ever as are necessary or desirable for the promotion or fur-therance 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 moneys, with or without secu-rity, to receive or collect grants and donations, to invest its funds and to engage, employ and dismiss officers and servants required for the carrying out of the objects of the

The powers conferred on the Corporation by section 6 and subsection (1) of this section shall be exercised by the Council of Manageinent.

All debts and liabilities of the Dayaka Sabha existing on the day immediately preceding the date of Commence-ment of this Act shall be paid by the Corporation hereby constituted and all debts due to, and subscriptions and contributions pavable to, the Dayaka Sabha on that day shall be paid to the Corporation for the purposes of this

Act.

The seal of the Corporation shall not be affixed to any instrument whatsoever except in the presence of two members of the Council of Management who shall sign their names on the instrument in token of their presence and such signing shall be independent of the signing of any person as a witness.

Nothing in this Act contained shall prejudice or ailect the rights of the Republic cr of any body politic or corporate or of any other persons except such as are mentioned in this Act and those claiming by, from, or under, theni.

Sinhala text to li. In the event of any inconsistency between the

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

w, te

Annual subscriptions of English Bills and Acts of the Parliament Rs. 885 (Local),

Rs. 1,180 (Foreign), payable to the SUPERINTENDENT, GOVERNMENT PUBLICATIONS

Bensav, No. 285, BauppsaLoxa Mawar, CoLomso 7, before 15th December each year in respect of the year following.