13. Property remaining on dissolution

If upon the dissolution of the Corporation there remains after the satisfaction of all its debts and liabilities, any property whatsoever, such property shall not be distributed among the: members of the Corporation but shall be given or transferred to some other institution or institutions having objects-similar to. those of the Corporation; and which

Pannipitiva Depanama Sri Devram Maha Viharastha 7

Sasanarakshaka Sanwardhana Sabhawa

(Incorporation) Act, No. 53 of 2007

is or are by the rules thereof prohibited from distributing any income or properly among its or their members. Such institution or institutions shall be determined by the

Committee of Management at, or immediately before, the dissolution of the Corporation.