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Short title.
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1. This Law may be cited as the Ratnapura Sri Sumana Bauddha Sangamaya Law.
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Incorporation of the Ratnapura Sri Sumana Bauddha Sangamaya.
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2. From and after the date of commencement of this Law, the President, Vice-Presidents and members of the Executive Committee for the time being of the Ratnapura Sri Sumana Bauddha Sangamaya, and such and so many persons as now are members of the said Ratnapura Sri Sumana Bauddha 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 Ratnapura Sri Sumana Bauddha 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 to change and alter the same at their pleasure.
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General objects of the Corporation.
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3. The general objects for which the Corporation is constituted are hereby declared to be :-
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(a) to administer and develop the Sri Sumana Pirivena, Ratnapura, and the institutions affiliated thereto ;
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(b) to advance the interests of the Buddha Sasana;
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(c) to undertake educational and other social welfare projects; and
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(d) to undertake national and cultural activities.
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Executive Committee.
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4.
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(1) The affairs of the Corporation shall, subject to the rules in force for the time being of the Corporation, be administered by an Executive Committee consisting of the Patrons, the President, five Vice-Presidents, the General Secretary, the Organizing Secretary and the Treasurer of the Corporation and such number of other persons elected in accordance with the rules in force for the time being of the Corporation.
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(2) All members of the Corporation shall be subject to the rules in force for the time being of the Corporation.
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(3) The first Executive Committee of the Corporation shall consist of the Patrons, the President, the Vice-Presidents, the General Secretary, the Organizing Secretary, the Treasurer and the other members of the Committee of the Association holding office on the date of commencement of this Law.
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Power to make rules.
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5. It shall be lawful for the Corporation, from time to time, at any general meeting of the members and by a majority of votes according to the rules for the time being in force, to make rules for the admission, withdrawal or expulsion of members for the conduct of the duties of the Executive Committee and of the various officers, agents and servants of the Corporation, for the procedure in the transaction of business, and otherwise generally for the management of the affairs of the Corporation and the accomplishment of its objects, and subject to the provisions of section 7, such rules may, at a general meeting, be amended, added to or rescinded.
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Rules in the Schedule to be rules of the Corporation.
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6. Subject to the provisions of section 5,the rules set out in the Schedule to this Law, shall for all purposes be the rules of the Corporation:
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Provided, however, that nothing in this section contained shall be deemed or construed to prevent the Corporation at any general meeting from making fresh rules or from amending, adding to or rescinding any of the rules set out in the Schedule.
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Procedure for Corporation rules.
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7. No rule in the Schedule to this Law nor any rule hereafter passed at a general meeting, shall be amended, added to or rescinded, except by a vote of two-thirds of the members present and voting at a general meeting of the Corporation.
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Debts due by and payable to the Association.
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8. All debts and liabilities of the Association existing at the time of the coming into operation of this Law shall be paid by the Corporation and all debts due to and all subscriptions and contributions payable to the Association shall be paid to the Corporation for the purposes of this Law.
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The Board of Governors.
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9.
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(1) There shall be a Board of Governors consisting of the following, namely:-
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(a) the Viharadhipathi for the time being of the Sri Sumana Pirivena Viharaya, Ratnapura;
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(b) the Principal for the time being of the Sri Sumana Pirivena, Ratnapura;
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(c) two approved teachers of the Sri Sumana Pirivena, Ratnapura, elected by the teachers of the said Pirivena;
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(d) three representatives of the Corporation elected at a general meeting of the Corporation; and
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(e) two representatives of the past students of the said Pirivena elected at a meeting of the Past Students Association.
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(2) The Principal of the Pirivena shall be the Secretary of the Board of Governors.
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(3) Every member of the Board of Governors except those holding office ex officio, shall be appointed for a period of five years and shall be eligible for reappointment.
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Powers of the Board of Governors.
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10.
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(1) No expenditure above one thousand rupees, or any disposition of property by way of lease, hire, rental, mortgage, sale, purchase, gift or otherwise shall be valid unless such expenditure or disposition shall have had the prior approval of the Board of Governors.
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(2) The Executive Committee may not exercise its borrowing powers on behalf of the Corporation unless it has obtained the prior approval of the Board of Governors.
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The seal of the Corporation.
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11. The seal of the Corporation shall not be affixed to any instrument whatsoever except in the presence of two members of the Executive Committee namely the President and either the General Secretary or the Treasurer 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.
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Power of the to Corporation to hold property.
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12. The Corporation shall be able and 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, testamentary disposition or otherwise, and all such property shall be held by the Corporation for the purposes of this Law 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 the same.
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Saving the right of the Republic and others.
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13. Nothing in this Law 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 Law and those claiming by, from, or under them.
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