Ryoichi Sasakawa Cultural Health Services & Educational Services Foundation (Incorporation) Act 1992

This Act may be cited as the Ryoichi Sasakawa

Cultural, Health Services and Educational Services Foun-dation (Incorporation) Act, No, 8 of 1992.

From and after the date of commencement of this

Act, such and so many persons as now are members of the

Ryoichi Sasakawa Cultural, Health Services and Educa-tional Services Foundation (hereinafter referred to as the

“ Foundation”) or shal] hereafter be admitted as members of the Corporation hereby constituted, shall be, a body corporate (hereinafter referred to as the “ Corpcration ”)

with perpetual succession under the name and style of

“Ryoichi Sasakawa Cultural, Health Services and Educa-tional Services Foundation ” and by that name may sue, and be sued, in all courts, with full power and authority to have and to use a common seal and to alter the same at its will and pleasure.

The objects for which the Corporation is constituted shal! be—

to propagate the principles of the Honourable

to promote universal brotherhood amongst the people of the world ;

to assist in the promotion of racial, religious and communal harmony, and the eradicotion of social disabilities

to co-operate with local and foreign organisations having similar objects and to promote peace and harmony among the people of the world ;

to establish, maintain, conduct and manage schools, colleges and other educational institutions to achieve it’s objects and to provide loans. awards, scholarships, prizes and other facilities for deserving students in Sri Lanka and abroad

to encourage’ spiritual philosophical, cultural or

to provide financial and other assistance to persons engaged in the propagation of such teachings ;

to construct, maintain and administer children’s parks, playgrounds, sports training centres, orpha-nages, clinics, hospitals, diagnostic centres, com-munity halls and to extend medical relict and aid, in any manner, to the needy;

to promote, arrange, Organise and hold exhibitions, lectures, seminars, symposia, workshops, classes, debates, conferences, tours, excursions or any other activities for the furtharence of its objects;

to provide and maintain libraries, and other services to subscribe for, print, publish, sell and issue, books, journals, souvenirs, periodicals and newspapers for the carrying out the objects of the Corporation ;

to send delegates to religious, philosophical or peace

to encourage people to grow trees and protect the atmosphere

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

to appoint, remunerate and exercise disciplinary control over, such officers and servants as may be necessary for the purpose of the Corporation ;

to receive or collect any aid, grant or gift from any person, or body of persons corporate or otherwise, or from any Government

to establish branch organisations of the Corporation in foreign countries for the purpose of achieving all or any of the objects of the Corporation ;

to borrow or raise money for the furtherance of the objects of the Corporation, and to execute any mortgage or bond to secure the payment of the money so borrowed or raised

subject to the provisions of this Act and any other written law to do all such acts or things as may be necessary, and for the attainment of the objects set out in section 3.

The affairs of the Corporation shall, subject to the provisions of this Act, and the rules in force for the time being of the Corporation be administered by a Board of Management consisting a Director-General and such number of members as may be provided for in rules of the

The first Director-General of the Corporation shall be Venerable Pelpola Vipassi Thero.

Subject to the provisions of this Act the Corporation shall be able and capable in law to take 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 pro-perty shall be held by the Corporation for the purposes of this Act and subject to the rules in force for the time being of the Corporation with full power to sell, mortgage, lease, exchange or otherwise dispose of the same.

It shall be lawful for the Corporation, from time to time, at any general meeting of the members and by votes of at least two-thirds of the members present and voting, to make such rules not inconsistent with the provisions of this

The rules of the Foundation in force on the day preceding the date of commencement of this Act shall, in so far as they are not inconsistent with the provisions of this Act or other written law, be deemed to be the rules of the Corporation made under this section and may be altered, added to, amended, rescinded or replaced by rules made under this Act.

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

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

Ryoichi Sasakawa Cultural, Health Services 5

and Educatiynal Services Foundation

(Incorporation) Act, No. 8 of 1992

§. The seal of the Corporation shall be kept in the custody of the Director-General of the Corporation ard shall not be affixed to any instrument whatsoever except in the presence of such Director-General and of such number of persons as may be provided for in the rules in force for the time being of the Corporation, who shali sign their names to the instrument in token of their presence, and such signing shall be independent of the signing of any such person as a witness.

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 persons except such as are men-Saving e the Republic and others.

tioned in this Act, and those claiming by, from, or under, them.

In the event of any inconsistency between the

Sinhala and Tamil texts of this Act, the Sinhala text shall prevail,