Kuda Uduwe Nalanda Sanwardhana Samithiya (Incorporation) Act 1993

This Act may be cited as the Kuda Uduwe Nalanda

Sanwardhana Samithiya (Incorporation) Act, No. 48

of 1993.

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

“Kuda Uduwe Nalanda Sanwardhana Samithiya” (herein-Nalanda Sanwardhans Samithiya.

after referred to as “the Society”)

or shall hereafter be admitted members of the Corporation hereby con-stituated, shall be a body corporate (hereinafter referred to as “the Corporation”) with perpetual succession under the name and style of the “Kuda Uduwe Nalanda Sanwar-dhana Samithiya”, 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 its pleasure.

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

{a)to establish a line of exemplary Buddhist Bhikkhus

;

‘b) to establish a rightecus society by promoting and maintaining a close liason between bhikkhus and lay Buddhists ;

Kuda Uduwe

to eliminate the ditferences existing among citizens on the basis of ethnic, religion and caste and to promote national unity and the development of a national indentity ;

to promote activities for the purpose of creating an awareness among people, of the danger of drugs and of intoxicants

to provide facilities for the educational, economic, social and cultural advancement of members; and

to develope and mantain the

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 furtherance or promotion 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 officers and servants required for the carrying out of the objects of the Corporation.

The affairs of the Corporation shall, subject to the rules for the time being in force of the Corporation, be administered by an Executive Committee consisting of the office-bearers and such other persons as may be provided for in such rules and elected in accordance therewith.

The first Executive Committee of the Corporation shall be the Executive Committee of the Society holding effice on the day preceding the date of commencement of this Act.

It shall be lawful for the Corporation, from time tc time, at any general meeting of the members and by a vote of two-thirds of the members present and voting at s general meeting, to make rules not in consistant with the

No rule for the time being in force of the Corporation shall be altered, added to, amended or rescinded except by the vote of two-thirds of the members present and voting at a general meeting of the Corporation:

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

All debts and liabilities of the Society existing on the day preceding the date of commencement of this Act shall be paid by the Corporation hereby constituted and all debts due to, and subsriptions payable to, the said Society on that day shall be paid te the Corporation hereby con-stituted for the purposes of this Act.

The seal of the Corporation shall not be affixed to any instrument, whatsoever, except in the presenee of the Pre-sident 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,

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Kuda Uduwe Nalanda Sanwardhana Samitniya

(Incorporation) Act No. 48 of 1993

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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 men-and others,

:

:

:

sos tioned in this Act and those claiming, by, from, or under, them,

In the event of any inconsistency between the

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

,

BE re 8

Aanual subscription of English Bills and Acts of the Parliament Re. 885 (Local)

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

Bomav, No, 255, Bauddhaloke Mawatha, Colombo 7, before 15th December each year in respect of the year following.