Pilisarana Institute (Incorporation) Act 1998

This Act may be cited.as the Pilisarana Institute

(Incorporation ) Act, No. 1 of 1998.

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

“Pilisarana Institute” (hereinafter referred to as the “Institute”)

and such and so many persons who 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 “Pilisarana

Institute” 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—

to promote and encourage inter-communal and religious harmony, and understanding, and goodwill and peace, amongst people ;

to establish and maintain orphanages, homes for the —..

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

Notwithstanding anything to the contrary in subsection (4) of this section, Reverend. Panane Vinayawansa Thero shall be the first Director-General of the Corporation. .

The first Executive Committee of the Corporation shall consist of the members of the Executive Committee of the

It shall be lawful for the Corporation from time to time, at any general meeting of the members and by a majority of not less than two-thirds of the members present and voting, thereat to make rules not inconsistent with the provisions of this Act or any other written law, for the admission, withdrawal, resignation, retirement or expulsion of members, for the election of the executive committee and for the conduct of the duties of the executive Committee and of the various

The rules of the Institute in force on the day immediately preceding the date of commencement of this Act shail be deemed to be the rules of the Corporation made under this section, in so far as they are not inconsistent with the provisions of this Act or any other written law.

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

All debts and liabilities of the Institute existing on the day preceding the date of commencement of this Act, shall be paid and discharged by the Corporation hereby constituted and all debts due to and subscriptions and contributions payable to, the Institute on that day shall be paid to the

Corporation for the purposes of this Act.

Debts

Committee Members 4

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Pilisarana Institute (Incorporation)

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Corporation may . hold property movable or immovable.

The Corporation shall be able and capable in law to acquire 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 purpose of this Act, and subject to the rules in force for time being of the

Corporation with full power to sell, mortgage, lease, exchange or otherwise dispose of the same.

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The seal of the Corporation shall not be affixed to any instrument whatsoever except in the presence of two members of the Executive Committee 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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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 person, 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 Sirhala text shall prevail.