Green Movement of Sri Lanka (Incorporation) Act 2007

This Act may be cited as the Green Movement of

Sri Lanka (Incorporation) Act, No. 59 of 2007.

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

Movement of Sri Lanka (hereinafter referred to as “the

Organisation”) or shall hereafter be admitted as members of the corporation hereby constituted shall be and become a body corporate (hereinafter referred to as the “Corporation’’)

with perpetual succession, under the name and style of “Green

Movement of Sri Lanka” and by that name may sue and be sued with full power and authority to have and use acommon seal and to alter the same at its discretion.

The general objects for which the Corporation is established are—

to give necessary instructions for the transformation of the traditional protective agricultural livelihood to conform to the modern needs «

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conservation, protection and propagation of indigenous plants and trees required for sustainable development and protection of the environment.

Subject to the provisions of this Act and any other written law, the Corporation shall have the power to —

open, operate and close bank accounts

borrow or raise money with or without security, and to receive or collect grants and donations ;

invest any funds not immediately required for the purposes of the Corporation ;

appoint, employ, and dismiss the employees required for the carrying out of the objects of the

The Management, Control and administratin of the affairs of the Corporation shall, subject to the provisions of this Act and the rules made under section 7 be administered by a Working Committce consisting of the President, Vice

The President shall preside at every meeting of the

Noactor proceeding of the Working Committee shall be deemed to be invalid by reason only of the existence of a vacancy among its” members or any defect in the election or nomination of a member thereof.

The first working Committee of the Corporation shall consist of the members of the Working Committee of the Green

There shall be an operational committee which shall consist of the President, the Vice President, Two Joint

Secretaries, the Treasurer and five representatives from the member Organizations.

It shall be lawful for the Corporation, from time to time, at any general meeting and by a majority of not less than two-thirds of the members present and voting to make rules, not inconsistent with the provisions of this Act or any other written law, on all or any of the following matters :—

Any rule made by the Corporation may be amended, altered, added to or rescinded at a like meeting and in like manner as a rule made under subsection (1).

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

The Corporation shall have its own fund and all moneys received by way of gifts, testamentary disposition, grant, donation, contribution or fees shall be deposited to the credit of the Corporation in one or more banks as may be decided by the Committee of Management.

The Corporation may establish a depreciation fund or a sinking fund for the purpose of rehabilitation, development or improvement of the property of the Corporation.

Allexpenses borne by the Corporation in the exercise and discharge of the powers and functions of the Corporation shall be paid out of the fund.

The Corporation shall cause proper accounts to be kept of all the moneys received and expended by the

The accounts of the Corporation shall be examined and audited at least once in every year, and the correctness of income and expenditure account and blance sheet shall be certified by an auditor who shall be an associate member of the Institute of Chartered Accountants of Sri Lanka, appointed by the Corporation.

The financial year of the Corporation shall be the calendar year.

All debts and liabilities of the Organization existing on the day preceding the date of commencement of this Act, shall be paid by the Corporation, and all debts due to, subscriptions and contributions payable to, the Organization on that day shall be paid to the Corporation for the purposes of this Act.

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Green Movement of Sri Lanka ( Incorporation)

Act, No. 59 af 2007

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 purposes of this Act, and subject to the rules of the Corporation with full power to sell, mortgage, lease, exchange or otherwise dispose of the same.

If upon the dissolution of the Corporation there remains, after the satisfaction of all debts and liabilities, any

Property whatsover, that property shall not be distributed among the members of the Corporation but shall be given or transferred to some other Institution having objeccts similar to the objects of the Corporation which are by the rules thereof prohibited from distributing any income or profit among their members. The institution shall be determined by the members of the Corporation at or immediatel y before the dissolution of the Corporation.

The seal of the Corporation shall not be affixed to any instrument whatsoever, except in the presence of the

President 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.

No member of the Corporation shall, for the purpose of discharging the debts and liabilities of the Corporation or for any other Purpose, be liable to make any contribution exceeding the amount of such membership fees as may be due from him to the Corporation.

Nothing in this Act contained shall prejudice or affect the rights of the Republic or of any body politic or corporate.

Inthe event of any inconsistency between the Sinhala and Tamil texts of this Act, the Sinhala text shal] prevail.