10. Debts due by and payable to the Association

All debts and liabilities of the Association existing on the day preceding the date of commencement of this Act shall be paid by the Corporation hereby constituted and all

Rahula College Matara Past Pupils

Association (Colombo Branch)

debts due to, subscriptions and contributions payable to the

Association on that day shall be paid to the Corporation for the purposes of this Act.