Nation Builders Association (Incorporation)

Nation Builders Association (Incorporation)

WHEREAS an association called and known as ” The Nation Builders Association”, has heretofore been established in Sri Lanka for the purpose of effectually carrying out and transacting all objects and 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 :

[30th December
, 1982
Short title.

1. This Act may be cited as the Nation Builders Association (Incorporation) Act, No. 49 of 1982.

Incorporation of the Nation Builders Association

2. From and after the date of commencement of this Act, such and so many persons as now are members of the Nation Builders Association (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 style and name of ” The Nation Builders Association”, 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) to harness the enthusiasm, skills and voluntary efforts of the people for their own development, and thereby, to achieve development of the village, and ultimately, that of the Nation

(b) to give recognition to voluntary organizations engaged in development activities, work along with them, and where possible, help co-ordinate their functioning;

(c) to plan, obtain necessary resources for, and implement development projects, particularly those based in the rural sector, with stress on activities that promote self-reliance;

(d) to bring about closer liaison between the rural and the State administrative machinery, with a view to enabling the former to better obtain available assistance, and the latter to recognize existing and, real problems of the people;

(e) to encourage the formation of rural groups, and to promote communication said co-ordination of activities between those that play similar roles, and face comparable problems, with, a view to enabling the former to better obtain available assistance, and the latter to recognize existing and real problems of the people;

(f) to encourage, promote, and conduct appropriate educational programmes (scientific and technological, as well as social, cultural and spiritual) through peripheral training centres, existing schools, study groups and such other group educational activities as seminars and workshops; and

(g) to do all such other acts and things as are conducive or incidental to the attainment of the above objects or any of them.

General 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 what so ever as are necessary or desirable for the promotion and 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.

Management of the affairs of the Corporation.


(1) The affairs of the Corporation shall, subject to the rules of the Corporation, be administered by a Board of Governors consisting of the office-bearers and such other persons as may be provided for in such rules and elected in accordance therewith.

(2) The first Board of Governors of the Corporation shall be the Board of Governors of the Association holding office at the time of the coming into operation of this Act.

Rules of the Corporation.


(1) It shall be lawful for the Corporation, from time to time, at any general meeting and by the votes of not less than two-thirds of the members present and voting, to make rules, not inconsistent with the provisions of this Act, for the admission, withdrawal, retirement or expulsion of members and 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.

Sums due by and payable to the Association to be paid to the Corporation,

7. All debts and liabilities of the Association existing at the time of coming into operation of this Act shall be paid and discharged by the Corporation, and all debts due to and subscriptions and contributions payable to the Association shall be paid to the Corporation;

Application of income and property of the Corporation.

8. The income and property of the Corporation shall be applied solely towards the promotion of the objects of the Corporation and no portion thereof shall be paid or transferred directly or indirectly by way of dividend, bonus or otherwise by way of profit, to the members of the Corporation :

Provided, however, that the provisions of this section shall not prevent

(a) the payment in good faith of reasonable and proper remuneration to any officer or employee of the Corporation or to any member of the Corporation for any services tendered to the Corporation;

(b) the payment of interest at a rate not exceeding the prevailing bank rate per annum on money lent, or reasonable and proper rent for premises let, to the Corporation by any member of the Corporation or by any company of which a member of the Corporation is a member holding shares not exceeding one-hundredth part of the capital of the company;

(c) the repayment of expenses incurred by any member, officer or employee of the Corporation in the .performance of his functions or duties or in promoting the objects of the Corporation.

Corporation may hold property movable and immovable.

9. The Corporation shall be capable in law to take over 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 of the Corporation, with full power to sell, mortgage, lease, exchange or otherwise dispose of the same.

Liability of members of the Corporation.

10. 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 subscription as may be due from him to the Corporation and an additional sum of not more than ten rupees.

How the seal of the Corporation is to be affixed.

11. The seal of the Corporation shall not be affixed to any instrument whatsoever except by the authority of a resolution of the Board of Governors and except in the presence of two of the members of the Board, one of whom shall be the Secretary or such other person as may be appointed for the purpose, 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.

Property remaining on dissolution.

12. If upon the dissolution of the Corporation there remains, after the satisfaction of all debts and liabilities, any property whatsoever, such property shall not be distributed among the members of the Corporation, but shall be given or transferred to some other association or associations having objects similar to the objects of the Corporation, and which is or are by the rules thereof prohibited from distributing any income or property among its or their members. Such association or associations shall be determined by the members of the Corporation at or immediately before the time of the dissolution of the Corporation or in default thereof, by a court within the local limits of whose civil jurisdiction the whole or any part of such property is held or situate. If such property or any part thereof cannot be disposed of in accordance with the provisions of this section such property or part shall be applied to some charitable purpose.

Saving of the rights of the Republic and others.

13. 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.