Ceylon Hotel School Graduates Association (Incorporation) Act 1984

This Act may be cited as the Ceylon Hotel School

Graduates Association (Incorporation) Act, No. 21 of 1984.

From and after the date of commencement of this

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

Ceylon Hotel School Graduates Association (hereinafter referred to as “the Assoviation ”)Y, or shall hereafter be admitted members of the Corporation hereby constituted, shall be a body corporate (hereinafter referred to as “ the

Corporation”) with perpetual succession under the style and name of the “Ceylon Hotel School Graduates

Association”, and by that name may sue and be sued in all courts, with full power and authority to have and use a common seal and alter the same at their pleasure.

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

to increase the sense of fellowship amongst the

to render assistance for the benefit of the Ceylon

to render assistance for the welfare of the Ceylon,

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 close bank accounts, to borrow or 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.

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The affairs of the Corporation shall, subject to the rules of the Corporation, be administered by an

The first Executive Committee of the Corporation shall be the Executive Committee of the Association hold-ing office at the time of the coming into operation of this

It shall be lawful for the Corporation, from time to time, at any general meeting and by the votes of not less than two-thirds of the members entitled to vote, to make rules, not inconsistent with the provisions of this Act, for the admission, withdrawal, retirement or expulsion of members and for the management of the affairs of the

The members of the Corporation shall be subject to the rules of the Corporation.

All debts and liabilities of the Association existing at the time of coming into operation of this Act shall be paia and discharged by the Corporation and all debts due to and subscriptions and contributions payable to the Associa-tion shall be paid to the Corporation.

The income and property of the Corporation shall be applied solely towards the promotion of the objects of the

Corporation and no portion thereof shall be paid or trans-ferred directly or indirectly by way of dividend, bonus or otherwise by way of profit, to the members of the

Corporation

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Ceylon Hotel School Graduates Association 3

(Incorporation) Act, No, 21 of 1984

Provided, however, that the provisions of this section shall not prevent—

the payment in good faith of reasonable and proper remuneration to any officer or employee of the

the repayment of expenses incurred by any member, officer or employee of the Corporation in the per-formance of his functions or duties or in promoting the objects of the Corporation.

The Corporation shall be 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 snall 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,

No member of the Corporation shall, for the purpose of discharging the debts and liabilities of the Corporation, be liable to make any contribution exceeding the amount

‘of such annual subscription as may be due from him to the

Corporation and an additional sum of not more than fifty rupees.

The seal of the Corporation shall not be affixed to any instrument whatsoever except by the authority of a resolution of the Executive Committees and except in the presence of two members of the Execxtive Committee duly authorized for the purpose by the rules of the Corpo-ration who shall sign their names to the instrument in token of their presence, and such signing shall be indepen-dent of the signing of any person as a witness.

If upon the dissolution of the Corporation, there remains, after the satisfaction of all debts and Habilities, any property whatsoever such property shall not be distributed among the members of the Corporation, but shall be given or transferred to some other association or associations 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. Such association or associations shall be determined by the members of the Corporation at or immediately before the time of the dissolution of the

Corporation or in default thereof, by a court within the local limits of whose civil jurisdiction the whole or any part of such property is held or situated, If such property or any part thereof cannot be disposed of in accordance with the provisions of this section such property or part shall be applied to some charitable purpose.

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Nothing in this Act contained shall prejudice or the rights affect the rights of the Republic, or 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 them.

‘Annual subscription of Bills and Laws of the Parliament Rs. 150 (Local),

Rs, 200 (Foreign), payable to the SUPERINTENDENT, GOVERNMENT PUBLICATIONS

Burzav, P. O. Box 500, CoLomso 1, before 15th December each year in respect of the year following.

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