Badulla subhasadhaka sangamaya(Incorporation)

Badulla subhasadhaka sangamaya(Incorporation)

AN ACT TO INCORPORATE THE BADULLA SUBHASADHAKA. SANGAMAYA.

Preamble.

WHEREAS an Association called and known as the ” Badulla Subhasadhaka Sangamaya “, has heretofore been established at Badulla for the purpose of effectually carrying out and transacting all matters connected with the said Association according to the rules agreed to by its members :

AND whereas the said Association has heretofore successfully carried out and transacted the several objects and matters for which it was established and has applied to be incorporated, and it will be for the public advantage to grant the application :

BE it therefore enacted by the Parliament of the Democratic Socialist Republic of Sri Lanka as follows :

[21^st June
, 1984 ]

Short title.

1. This Act may be cited as the Badulla Subhasadhaka Sangamaya (Incorporation) Act, No. 27 of 1984.

Incorporation of the Badulla Subhasadhaka Sangamaya.

2. From and after the date of commencement of this Act, such and so many persons as now are members of the Badulla Subhasadhaka Sangamaya (hereinafter referred to as “the Association”), or shall hereafter be admitted members of the Corporation hereby constituted shall be a body corporate (hereinafter referred to as ” the Corporation”), with perpetual succession, under the name and style of the ” Badulla Subhasadhaka Sangamaya “, and by that name may sue and be sued in all Courts, with full power and authority to have and use a common seal and alter the same at its pleasure.

General objects of the Corporation.

3. The general objects for which the Corporation is constituted are hereby declared to be:

(a) the promotion of the social, economic and spiritual welfare of the residents of the Badulla Assistant Government Agent’s Division;

(b) the rendering of assistance to the State and voluntary organizations in maintaining and improving the health, education and social services in the Division;

(d) the promotion of self-employment among the unemployed residents of the Division;

(e) the promotion of friendship, mutual co-operation and civic, consciousness among the residents of the Division ; and

(f) the taking of all other steps that are necessary and desirable for the promotion of the above-mentioned aims and objects.

Executive Committee.

(1) The affairs of the Corporation shall, subject to the rules of the Corporation, be administered by an Executive Committee consisting of such number of persons as may be elected in accordance with the rules of the Corporation.

(2) The first Executive Committee of’ the Corporation shall be the Executive Committee of the Association holding office on the date of commencement of this Act.

Rules of the Corporation.

(1) It shall be lawful for the Corporation from time to time, at any general meeting of the members and by a majority of votes, to make rules not inconsistent with this Act for the admission, withdrawal or expulsion of members, for the conduct of the duties of the Executive Committee and for the various officers, agents and servants of the Corporation, for the procedure to be followed in the transaction of business, and otherwise generally 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 rescinded, subject however to the requirements of subsection (2).

(2) No rule of the Corporation shall be altered, added to, amended or rescinded except by a vote of two-thirds of the members present and voting at a general meeting of the Corporation.

(3) All members of the Corporation shall be subject to the rules in force for the time being of the Corporation,

Debts due by and payable to the Association.

6. All debts and liabilities of the Association existing on the date of commencement of this Act shall be paid by the Corporation hereby constituted and all debts due to and subscriptions and contributions payable to the Association shall be paid to the Corporation for the purposes of this Act.

How seal of the Corporation is to be affixed.

7. The seal of the Corporation shall not be affixed to any instrument whatsoever except in the presence of two of the members of the Executive Committee, 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.

Corporation may hold property movable and immovable.

8. The Corporation shall, subject to the rules of the Corporation, be capable in law to

(a) 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

(b) sell, mortgage, lease, exchange or otherwise dispose of the same.

Borrowing powers.

9. It shall be lawful for the Corporation to raise funds for the accomplishment of its objects and for such purpose to create, execute, grant or issue any mortgages, bonds or obligations: Provided that the aggregate of the amounts which may be so raised by the Corporation shall not exceed the sum determined by the Executive Committee.

Reimbursement.

10. The Corporation may reimburse any member, officer, agent or servant of the Corporation to the extent of payments bona-fide made by such member, officer, agent or servant of the Corporation, on behalf of the Corporation and for its benefit.

Saving of rights of the Republic and others.

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