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 or discharged by the Corporation, and all debts due to, and subscriptions and fees payable to, the Association on that day shall be paid to the Corporation for the purposes of this Act.

Appointment of 6 = Association of Consulting Engineers, Sri Lanka

(Incorporation) Act, No. 42 of 2003