SINHALA WELENDA MANDALAYA

(a) to promote, foster and protect the commerce of Ceylon in general and the commercial interests of the Sinhala Welenda Mandalaya in particular by obtaining by every means the redress of acknowledged grievances and the removal of undesirable restrictions;

(b) to represent and express on commercial questions the opinions of the members of the Sinhala Welenda Mandalaya and to aid, assist and co-operate with others in such representations and expression;

(c) the consideration of all questions connected with the trade, manufactures and industries of Ceylon,

(d) to endeavour to promote or oppose legislative and other measures affecting such trade, manufactures and industries;

(e) to collect and circulate statistics and other information relating to all trade, manufactures and industries ;

if) to form a board or commission of reconciliation and of arbitration to settle disputes between parties willing to abide by its decisions and to undertake the settlement of disputes and differences arising out of trade, commerce and industry;

(g) to advise on matters of trade, commerce and industry and to communicate its views on such matters to public authorities, similar associations in other places, and individuals;

(h) by recording its proceedings and decisions, to form a code of practice by which transactions of business may be simplified and facilitated;

(i) to undertake and execute any trusts, and to undertake the obligations of trustees and to co-operate with executors and trustees in the financial administration of any estate or trust and to transact or carry on all kinds of business relating to trusts, (subject always to the provisions of any written law relating to trusts);

(j) to establish and support provident funds for the benefit of the officers, employees and servants of the corporation;

(k) to borrow or raise money for the purposes of the corporation and for that purpose or for securing money for the performance or discharge of any obligation or liability of the corporation or for any other purpose to create, execute, grant or issue any mortgages, bonds or obligations of the corporation and to pay off and re-borrow the moneys secured thereby or any part or parts thereof;

(l) to do all or any of the above things in any parts of the world, and either as principals, agents, trustees or otherwise, and by agents, trustees or otherwise, and either alone or in conjunction with others;

(m) the encouraging and fostering of commercial, agricultural and industrial education, and the award of scholarships;

(n) to encourage members to engage themselves in trade, industry and commerce in Ceylon or elsewhere;

(o) to promote goodwill and co-operation among those engaged in trade, industry, commerce and agriculture;

(p) the rendering of assistance to those members who may find themselves in business and financial difficulties;

(q) to do all such other things as may be necessary, incidental or conducive to the interests or benefits of the members or to the attainment of the above objects or any of them or generally for the benefit, protection or advancement of the trade, commerce, manufactures and industries of Ceylon;

(r) to enter into, sign and execute any contract, agreement or other documents for the purpose of nominating or appointing any person or persons whomsoever as representative or agent of the corporation or for the purpose of delegating any matter to any person or persons whomsoever or otherwise for all or any of the purposes aforesaid either in Ceylon or abroad;

(s) to work for the removal of unfair competition in trade;

(t) to purchase, take on lease or on rent, hire or otherwise acquire any estate, land, building and immovable or movable property in Ceylon or elsewhere and to manage, sell, let or sublet, lease or otherwise dispose of any such property or belonging of the Mandalaya, in Ceylon or elsewhere;

(u) to establish and assist institutions for the training of salesmen;

(v) to publish periodicals, magazines, journals or any other publication with a view to attaining the objects of the Mandalaya. The objects specified in each paragraph of this section shall not be limited or restricted by reference to or inference from the terms of any other paragraph.

(1) The affairs of the corporation shall be administered, subject to the rules . for the time being of the corporation as hereinafter provided, by an executive committee consisting of the president, not more than five vice-presidents, the treasurer, secretary and assistant secretary and not more than forty-one members of the corporation to be elected in accordance with the rules for the time being of the corporation. Such executive committee shall have power to delegate the administration of any portion or portions of the affairs of the corporation to one or more sectional trade committees or subcommittees.

(2) All members of the corporation shall be subject to this Ordinance and the rules for the time being of the corporation.

(1) The executive committee shall cause a register to be kept in which every person who at the date of the passing of this Ordinance is a member of the said association, 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) for the purpose of this Ordinance and subject to the rules for the time being of the said corporation or

(b) otherwise for the purpose 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 mortgage, lease, exchange, or otherwise dispose of, encumber or charge such property except immovables and fixed deposits and savings deposits which shall be vested with the board of trustees.

(a) The board of trustees of the corporation shall consist of not more than fifteen members of the Mandalaya.

(b) The first board of trustees shall be

Henry Woodward Amarasuriya (Chairman),

Nayage Porolis Fernando (Vice-Chairman),

Kodagoda Arachchige Albert Perera,

Malagalage Don Gunasena,

Yasachandra Pinchabadu Wickremasinghe,

Kukulage Winson Lionel Perera,

Dewnuge Lionel Fairlie Pedris,

Galbode Paiyagalage Don Gabriel,

Gate Muhandiram Senapathige Theobald Philip Rodrigo,

Muhandiram Pedrick Wakwella,

Wickremage Don Paulus Appuhamy,

Muhandiram Garanduwe Barage Kirigoris Waidiyasekera Jayaratne,

Wewelwela Hewage Hendrick,

Leo Ernest Jerome Fernando,

Bharati Sirisena Kottegoda.

(c) The functions of the board of trustees, and powers are shown in Schedule B*, which may be changed by the corporation at a general meeting as and when necessary at the direction of the board of trustees or the executive committee.

(d) All vacancies of the board of trustees shall be filled by the general meeting.

* Schedules omitted under section 6 (1) of Revised Edition of the Legislative Enactments Act.