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COMPANIES (WAR CONTRIBUTIONS)
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AN ORDINANCE TO ENABLE COMPANIES FORMED AND REGISTERED IN CEYLON TO MAKE CONTRIBUTIONS TO WAR FUNDS AND WAR CHARITIES.
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[5th February
, 1941 ]
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short title.
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1.This Ordinance may be cited as the Companies (War Contributions) Ordinance.
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Power for companies to contribute to war funds.
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2.
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(1) Notwithstanding anything in any written law or instrument, the memorandum of every company shall be deemed to include and since the 3rd day of September, 1939, to have included among the objects of the company the making of contributions to any war fund ; and every company shall have power to ratify, allow and confirm any such contribution already made and to make or ratify any future contributions.
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(2) A company may resolve to make, or ratify the making of, a contribution to any war fund by an ordinary resolution passed at a general meeting of the company of which not less than seven days’ prior notice shall have been given.
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indemnity.
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3. No president, chairman, director, secretary, treasurer, auditor or other officer of any company shall be or be held to be personally liable, either alone or jointly with others, to account for or to repay or otherwise be liable for or in respect of any contribution made prior to the commencement of this Ordinance by the company to any war fund.
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interpretation.
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4.
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(1) In this Ordinance, unless the context otherwise requires-
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“company” and” memorandum” have, respectively, the same meaning as in the Companies Ordinance :
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” war fund ” means any fund, charity or organization created, established or maintained for the efficient prosecution of any war in which Her Majesty may be engaged or for any other purpose whatsoever relating to or connected with any such war.
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(2) For the purposes of this Ordinance, contributions sent to Her Majesty’s Government in the United Kingdom for war purposes shall be deemed to be contributions to a war fund.
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| Chapter 148, Volume No. 6, Page No.361. |
