Kataragama Kirivehera Rajamaha Viharasta Development Foundation (Incorporation) Act 2003

This Act may be cited as the Kataragama Kirivehera

Rajamaha Viharasta Development Foundation (Incorporation)

Act, No. 41 of 2003.

From and after the date of commencement of this Act, such and so many persons as now are members of the

Kataragama Kirivehera Rajamaha Viharasta Development

Foundation (hereinafter referred to as “the Foundation”) and 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 name and style of “Kataragama Kirivehera Rajamaha Viharasta

Development Foundation” and by that name may suc and be sued in all courts, with full power and authority to have and 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 —

to construct new buildings for the Kataragama

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Kataragama Kirivehera Rajamaha Viharasta

Development Foundation (Incorporation)

Act, No. 41 of 2003

to encourage the people to protect the environment and to educate them on successful management of the environment ;

lo preserve the historic monuments and cultural artefacts in the sacred city of Kataragama ;

to promote the religious education of the Buddhist laity ;

to provide the resident Bhikkus of the Kataragama

Kirivehera with educational facilities and to help them in with their daily needs ;

to promote cultural activities, including ancient forms ef art, in the village and the area in and around the Kataragama Kirivehera ;

to engage in the dissemination of the Dhamma

Internationally :

to preserve and disseminate the Buddhist philosophy and the Buddhist way of life ;

to establish friendly relations with other Buddhist organization in Sri Lanka and abroad ;

to do all such other acts and things as are necessary, conducive or incidental to the attainment of all or any of the objects of the corporation.

Subject to the provisions of this Act or any other written law, the Corporation shall have the power to do, perform and execute, all such acts, matters and things 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 money with or without security, 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 Corporations.

Kataragama Kirivehera Rajamaha Viharasta 3

Development Foundation (Incorporation)

Act, No. 41 of 2003

The affairs of the Corporation shall, subject to the other provisions of this Act and the rules in force for the time being of the Corporation be administered by a Committee of

Notwithstanding anything to the contrary in subsection (1) of this section Ven. Aluthwewa Soratha shall be the

The first Committee of Management of the

It shall be lawful for the Corporat'on, from time to time, at any general meeting and by majority of not less than two thirds of the members present and voting to make rules, not inconsistent with the provisions of this Act or any other written law, on all or any of the following matters :—

Any rule made by the Corporation may be amended, altered, added to or rescinded at a like mecting and in like manner as a rule made under subsection (1).

The members of the Corporation shall be subject to the rules in force for the time being of the Corporation.

The Corporation shall have its own fund and all monies received by way of gifts, testamentary dispositions, grants, donations, contributions or fees shall be deposited in the name of the Corporation in one or more banks as may be decided by the Committee of Management.

The Corporation may establish a depreciation fund or a sinking fund for the purpose of rehabilitation, development or improvement of the property of the

All expenses borne by the Corporation in the exercise and discharge of the powers and functions of the Corporation shall be paid out of the fund.

All debts and liabilities of the Foundaiton existing on the day preceding the date of the commencement of this Act, shall be paid by the Corporation, and all debts due to, subscriptions and contributions payable to the Foundation on that day shall be paid to the Corporation for the purposes of this Act.

Kataragama Kirivehera Rajamaha Viharasta 5

Development Foundation (Incorporation)

Act, No. 41 of 2003

The Corporation shall be able and capable in law, to acquire and hold, any property, movable or immovable, which may become vesicd 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 purpose of this Act, and subject to the rules in force for the time being of the Corporation and it shall have full power to sell, mortgage lease, exchange or otherwise dispose of the same.

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 wilness.

: The financial year of the Corporation shall be the calendar year.

The Corporation shall cause proper accounts to be kept of its income and expenditure, assets and frabilitics and all other transactions of the Corporaiton.

The accounts of the Corporation shall be audited by a qualified auditor.

Nothing in this Act contained shall prejudice or 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.

Inthe event of any inconsistency between the Sinhala and Tamil texts of this Act, the Sinhala text of this Act shall prevail.