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Short title.
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1. This Act may be cited as the Sri Sunethra Mahadevi Piriven Rajamaha Vihara Sasana Development Society (Incorporation) Act. No. 22 of 2000,
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Incorporation of the Sri Sunethra Mahadevi Piriven Rajamaha Vihara Sasana Development Society.
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2. From and after the date of commencement of this Act. such and so many persons as now are the members of the Sri Sunethra Mahadevi Piriven Rajamaha Vihara Sasana Development Society (hereinafter referred to as” the Society”) 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 “Sri Sunethra Mahadevi Piriven Rajamaha Vihara Sasana Development Society” 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 alter the same at its 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 sponsor the study of and research into all aspects of Buddhism ;
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(b) to protect and foster Buddha Sasana ;
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(c) to establish and maintain educational institutions including dhamma schools, pirivenas and training centres ;
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(d) to promote, the propagation of the Buddha Dhamma and Buddhist values :
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(e) to promote and preserve. Buddhist festivals, rites. rituals, practices and traditions ;
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(f) to promote and engage in the implementation of community welfare, cultural and social development services ;
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(g) to award scholarships, fellowships, prizes, certificates and other awards with a view to advancing the Study of Buddhism :
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(h) to promote education and training of the Sangha to enable the Sangha to undertake missionary work :
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(i) to plan, develop and provide, all physical and infrastructure facilities required for carrying out the objects of the Corporation ;
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(j) to promote peace and foster religious, communal. ethnic and racial harmony in the community ;
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(k) to establish and maintain institutions for the welfare, training and rehabilitation of. the destitute, the disabled, the aged, the sick and displaced persons ;
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(l) to establish and maintain libraries, information and resource centres ; and
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(m) to perform such acts, deeds and things as may be necessary, conducive or incidental to the attainment of all or any of the objects of the Corporation.
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General powers of the Corporation.
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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 conducive 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, donations, bequests. endowments, subscriptions and fees, to invest, its funds and to engage, employ and dismiss officers and servants required for the carrying out of the objects of the Corporation.
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Management of the affairs of the Corporation.
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5.
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(1) The affairs of the Corporation shall subject to the provisions of this Act and the rules in force for the time being of the Corporation be administered by a Board of Management (hereinafter referred to as the “Board”) consisting of the office bearers and such other persons as may be provided for in the rules and elected in accordance therewith.
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(2) The first Board of the Corporation shall consist of the members of the Board of Management of the society holding office on the day immediately preceding the date of commencement of this Act.
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Rules of the Corporation.
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6.
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(1) The Corporation may. from time to time, at any general meeting of the Corporation and by the votes of a majority of the members present and voting, 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 election of office bearers, for the performance of the duties of the office bearers, the Board and of the various officers, agents and of the servants of the Corporation, for the procedure to be followed in the transaction of business at meeting of the Corporation and of the Board 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.
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(2) The rules of the society in force on the day immediately preceding the date of commencement of this Act shall in so far as they are not inconsistent with the provisions of this Act or any other written law be deemed to be the rules of the Corporation made under this section.
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(3) The members of the Corporation shall be subject to the rules of the Corporation.
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Fund of the Corporation.
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7.
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(1) The Corporation shall have its own fund and all moneys received by way of donation, testamentary dispositions, transfers, donations, contributions or fees shall be deposited in the name of the Corporation in one or more banks as the Board shall determine.
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(2) All expenses borne by the Corporation in the exercise and discharge of the powers and functions of the Corporation shall be paid out of the fund of the Corporation.
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Debts due by and payable to the Society.
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8. All debts and liabilities of the Society existing on the day preceding the date of commencement of this Act. shall be paid by the Corporation hereby constituted, and all debts due to and subscriptions and contributions payable to the said Society or that day. shall be paid to the Corporation hereby constituted.
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Corporation may hold property movable or immovable.
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9. The Corporation shall be capable in Law to 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 rules in force for the time being of the Corporation with full power to sell, mortgage, rent, lease, exchange or otherwise dispose of the same.
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Property remaining on dissolution.
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10. If upon the dissolution of the Corporation there remains after the satisfaction of all its 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 institution or institutions having objects similar to those of the Corporation, and which is or are by the rules there of prohibited from distributing any income or property among its or their members. Such institution or institutions shall be determined by the Board at. or immediately before, the dissolution of the Corporation.
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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 the Chairman, the Secretary or the Treasurer of the Board 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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Savings of the rights of Republic others.
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12. 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.
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Sinhala text to prevail in case of any inconsistency.
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13. In the event of any inconsistency between the Sinhala and Tamil texts of this Act the Sinhala text shall prevail.
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