Institute Of Automotive Engineers Of Sri Lanka (Incorporation)



Institute Of Automotive Engineers Of Sri Lanka (Incorporation)
AN ACT TO INCORPORATE THE INSTITUTE OF AUTOMOTIVE ENGINEERS OF SRI LANKA
Preamble

WHEREAS an Institute called and known as ” The Institute of Automotive Engineers of Sri Lanka” has heretofore been established in Sri Lanka for the purpose of effectually carrying out its objects and transacting matters connected with the .said Institute according to the rules agreed to by its members : AND WHEREAS the said Institute 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 : ”

[3rd November
, 1992
]
Short title.

1. This Act may be cited as the Institute of Automotive Engineers of Sri Lanka (Incorporation ( Act, No. 48 of 1992.

Incorporation of the Institute of Automotive Engineers of Sri Lanka.

2. From and after the date of commencement of this Act, such and so many persons as now are members of the Institute of Automotive Engineers of Sri Lanka (herein after referred to as “the Institute”), 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 Institute of Automotive Engineers of Sri Lanka ” 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 objects for which the Corporation is established are hereby declared to be”

(a) to Safeguard the interest of all those engaged in the profession of automotive engineering in Sri Lanka;

(b) to promote professionalism in automotive engineering among the members of the Corporation ;

(c) to help the members of the Corporation to acquire recognize qualifications in automotive engineering;

(d) to help the members of the Corporation to develop their skills in automotive engineering by acquiring advanced techniques and skills ;

(e) to foster and provide training and other facilities for those engaged in the automotive industry in Sri Lanka;

(f) to raise and maintain the standards of automotive engineering in Sri Lanka ;

(g) to promote and develop the automotive industry in Sri Lanka ;

(h) to establish, foster and maintain relations with associations with similar objects both in Sri Lanka and abroad ;

(i) to establish and promote relations with international bodies connected with automotive engineering ;

(j) to prepare a code of professional conduct for those engaged in the profession of automotive engineering ;

(k) to undertake activities that promote fellowship among the members of the Corporation,

” Automotive Engineering” includes all aspects of engineering related to the design, manufacture or maintenance of automobiles.

Powers of the Corporation.

4. Subject to the provisions of this Act and any other written law, 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 money, with or without security, to receive or collect grants and donations, to invest its funds, and to engage, employ and dismiss such officers and servants as are required for the purpose of carrying out the objects of the Corporation.

Management of the Affairs of the Corporation.

5.

(1) The affairs of the Corporation shall, subject to the rules of the Corporation, be administered by a Council consisting of the office-bearers and such other persons elected in accordance with the rules of the Corporation.

(2) The first Council of the Corporation shall be the Council of the Institute holding office on the day preceding the date of commencement of this Act.

Rules of the Corporation.

6.

(1) It shall be lawful for the Corporation, from time to time, at a special general meeting of the members and by a majority of at least two-thirds of the members present and voting at such meeting, to make rules, not inconsistent with the provisions of this Act or any other written law, for the admission, withdrawal, or expulsion of members, for the classification of members and their right to vote at meetings, for the election of office bearers and the Council, for the conduct of the duties of the Council and 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 and in like manner be altered, added to amended or rescinded.

(2) The members of the Corporation shall be subject to the rules of the Corporation.

Debts due by and payable to the Institute.

7. All debts and liabilities of the Institute 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 Institute on the said day shall be paid to the Corporation for the purposes of this Act.

Power of the Corporation to hold property.

8. The Corporation shall be capable in law to take and hold any property, movable or immovable, which may be vested in it by virtue of, any purchase, grant, gift lease, 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, encumber or charge the same.

Seal of the Corporation.

9. The seal of the Corporation shall be in the custody of the secretary and shall not be affixed to any instrument whatsoever except by the authority of a resolution of the Council and in the presence of two office-bearers nominated by the Council who shall sign their names on the instrument in token of their presence, and such signing shall be independent of any person as a witness.

Limitation of liability of members.

10. No member of the Corporation shall, for the purpose of discharging the debts and liabilities of the Corporation or for any other purpose be liable to make any contribution exceeding the amount of such subscription as claiming by, from, or under, them.

Saving of the rights of the Republic and others.

11. Nothing in this Act contained shall prejudice or affect or be deemed to affect the rights of the Republic of Sri Lanka or of any body politic or corporate or of any other persons except such as are mentioned in this Act and others claiming by, from, or under, them.

Sinhala text to prevail in case of inconsistency.

12. In the event of any inconsistency between the Sinhala and Tamil texts of this Act, the Sinhala text shall prevail.