Ceylon National Chamber of Industries

Ceylon National Chamber of Industries

AN ACT TO INCORPORATE THE CEYLON NATIONAL CHAMBER OF INDUSTRIES.

BE it enacted by the Queen’s Most Excellent Majesty, BY and with the advice and consent of the Senate and the House of Representatives of Ceylon in this present Parliament assembled, and by the authority of the same, as follows:-

Short title.

1. This Act may be cited as the Ceylon National Chamber of Industries Act, No. 10 of 1969.

Incorporation of the Ceylon National Chamber of Industries.

2. From and after the passing of this Act, such and so many persons as now are members of the Ceylon National Chamber of Industries (hereinafter referred to as ” the Chamber “) or shall hereafter be admitted members of the Corporation hereby constituted, whose names shall be inscribed in the register mentioned in section 5, shall be and become a Corporation with liability limited in manner provided in section 13, with continuance forever, Under the style and name of ” The Ceylon National Chamber of Industries “, (hereinafter referred to as ‘ the Corporation “) and by that name shall and may due 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 their pleasure.

General objects for which the Corporation is constituted.

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

(a) to promote and foster industrial growth in Ceylon and to co-operate with the Government and other associations in the attainment of such objective;

(b) to promote and protect the interests of persons connected with industrial undertakings in Ceylon;

(c) to represent and express on industrial, commercial and economic matters the opinions of the industrial community in Ceylon and to aid, assist and co-operate with others in such representation and expression;

(d) to advise and communicate on economic and industrial matters with public authorities, with similar associations in other places and with individuals;

(e) to foster fellow-feeling and co-operation among industrialists, workers and consumers in all matters of common interest;

(f) to adjust and settle disputes amongst members;

(g) to promote and take all action necessary to expand the exports of industrial goods of Ceylon;

(h) to collect and circulate statistics and other information relating to industrial, commercial and economic matters;

(i) to publish industrial, economic, commercial, scientific, technical and vocational journals and literature and to propagate industrial education in Ceylon;

(j) to maintain a library of books and publications on industrial, commercial and economic matters;

(k) to organize and establish and assist in organizing and establishing vocational and industrial training institutions in Ceylon and to arrange and assist in specialized training of personnel of members;

(l) to organize and participate in industrial exhibitions and seminars;

(m)to assist and provide facilities for industrial research and to take necessary steps to further the introduction of more efficient manufacturing techniques;

(n) to do such other matters as may be necessary to carry out the objects of the Corporation.

Executive Council.

4.

(1) The affairs of the Corporation shall, subject to the rules in force for the time being of the Corporation made as hereinafter provided, be administered by an Executive Council, consisting of the Chairman, the Deputy Chairman, four Vice-Chairmen, the Honorary Treasurer and not more than forty other members to be elected in accordance with the rules in force for the time being of the Corporation.

(2) The members of the Executive Council of the Chamber holding office on the date of commencement of this Act, shall be the members of the first Executive Council of the Corporation.

Register of members.

5.

(1) The Executive Council shall cause a register to be kept, in which every person who at the date of the passing of this Act is a member of the Chamber and every person thereafter duly admitted a member of the Corporation hereby constituted, shall have his name inscribed.

(2) The register shall contain the following particulars: –

(a) the name and address of the member;

(b) the nature of the industry or industries in which the member is engaged;

(c) the date at which the name of any person was inscribed in the register as a member; and

(d) the date at which the person ceased to be a member.

Corporation may make rules.

6. It shall be lawful-

(a) for the Corporation, from time to time, at any general meeting of the members and by a majority of votes to make rules and pass resolutions for the admission, withdrawal or expulsion of members; for the conduct of the duties of the Executive Council and of the various officers, agents, and servants of the Corporation; and otherwise generally for the management of the affairs of the Corporation and the accomplishment of its objects. Such rules and resolutions, when made and passed, may at a like meeting be altered, added to, amended or cancelled;

(b) for the Executive Council, from time to time, to make rules and pass resolutions for the procedure in the transaction of business, for the appointment and the payment of remuneration to the various officers, representatives, agents and servants of the Corporation and to any other person or persons for services rendered; and for the expenditure and disposal of the funds of the Corporation. Such rules when made and such resolutions when passed may, by resolution passed at any general meeting of the members of the Corporation by a majority of votes, be altered, added to, amended or cancelled.

The rules in the Schedule to be the rules of the Corporation.

7.

(1) Subject to the provisions of section 6, the rules set out in the Schedule, shall for all purposes, be the rules of the Corporation:

Provided, however, that nothing in this section contained shall be held or construed to prevent the Corporation at all times hereafter from making fresh rules, or from altering, amending, adding to, or cancelling any of the rules in the Schedule or to be hereafter made by the Corporation.

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

Power to raise loans, &c

8. It shall be lawful for the Corporation to borrow or raise money for the purposes of the Corporation; and to create, execute, grant or issue any mortgages, bonds, debentures or obligations of the Corporation and to pay off and rebred the money secured thereby or any part or parts thereof.

Debts due by and payable to the Corporation.

9. All debts and liabilities of the Chamber 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 Chamber shall be paid to the Corporation for the purposes of this Act.

Procedure for affixing the seal of the Corporation.

10, The seal of the Corporation shall not be affixed to any instrument whatsoever except in the presence of two of the members of the Board of Trustees, who shall sign their names on the instrument in token of their presence, and such signing shall be independent of the signing of any person as a witness. Any instrument sealed with the seal of the Corporation and signed by two members of the Board of Trustees shall be presumed to be duly executed.

Corporation may hold property.

11. The Corporation shall be able and capable in law to take and hold either as beneficial owner or as trustee or otherwise any property, movable or immovable, upon or by virtue of any instrument of purchase, grant, gift, or lease, or upon or by virtue of any 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 for the time being of the Corporation or otherwise for the purposes of and upon the trusts and subject to the conditions in the relative instrument or disposition contained, with full power (subject always to the provisions of any written law relating to trusts and of the relative instrument or disposition) to sell, mortgage, lease, exchange or otherwise dispose of, encumber, or charge the same.

Board of Trustees.

12.

(1) There shall be a Board of Trustees consisting of three members of the Corporation who shall be elected at a general meeting of the Corporation. Any vacancy caused by the death, resignation or discontinuance of any member, shall be filled by the Executive Council till the next general meeting.

(2) The power conferred on the Corporation by section 11 to sell, mortgage, lease, exchange or otherwise dispose of immovable property, shall be exercised by the Board of Trustees subject to the rules in force for the time being of the Corporation. The Board shall, however, obtain the prior sanction of the Executive Council for every such transaction.

Limit of liability of members.

13. No member of the Corporation shall, for the purpose of discharging the debts and liabilities of the Corporation, be liable to make any contribution exceeding the amount of such annual subscriptions as nay be due from him to the Corporation.

Saving of the rights of the Crown and others.

14. Nothing in this Act contained shall prejudice or affect the rights of Her Majesty the Queen, Her Heirs and Successors 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.