Sri Lanka Campus Crusade for Christ (Incorporation) Act 1981

This Act may be cited as the Sri Lanka Campus

Crusade for Christ (Incorporation) Act, No. 25 of 1981.

From and after the date of commencement of this

Act, the National Director and the members of the Advisory

Board for the time being of the Sri Lanka Campus Crusade for Christ (hereinafter referred to as “the Society”) and such and so many persons as may hereafter be admitted as members of the Corporation hereby constituted, shall be a body corporate (hereinafter referred to as “the Corpora-tion”) with perpetual succession under the name and style of “The Sri Lanka Campus Crusade for Christ” and by that name shall and may sue and be sued in all courts with full power and authority to have and use a common seal and to change and alter the same at its discretion.

The Corporation shall consist of the following :—

The first members of the Corporation shall be the members of the Society at the time of the coming into operation of this Act, namely—

The Corporation shall have the power to do, perform and execute all such acts, matters, and things whatsoever, as are necessary or desirable for the promotion or furtherance of the objects of the Corporation or any one of them including the power to open, operate and close bank accounts, to borrow or raise moneys with or without security, to receive or collect grants and donations, to invest its funds, and to engage, employ and dismiss personnel required for the carrying out of the objects of the

Corporation.

It shall be lawful for the Corporation from time to time at a general meeting and by the requisite majority of the members voting thereat, to make rules for the management of the affairs of the Corporation and the accomplishment of its objects. Such rules when made may at a like meeting be altered, added to, amended or cancelled.

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

The rules of the Society in force at the time of the coming into operation of this Act dhakk be deemed to be the first rules of the Corporation.

A member of the Corporation or employee thereof shall not enter upon the duties of his office until he signs and delivers to the Corporation his acceptance of the

Statement of Faith set out in the Schedule to this Act.

All debts and liabilities of the Society existing at the time of the coming into operation of this Act shall be paid by the Corporation ‘hereby constituted, and all debts due to and subscriptions and contributions payable to the

Society shall be paid to the Corporation for the purposes of this Act.

Corporation may hold property movabie and immovable.

§. 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 property 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.

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

National Director or in his absence a member designated by him in writing to act for him and another member oi the Corporation, who shall sign their names to the instru-ment in token of their presence and such signing shall be independent of the signing of any 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 person, except such as are mentioned in this Act, and those claiming by, from or under them.