Suwasetha Social Service Association(Incorporation)

(a) to construct a home for the elders to be called “the Jayawardena Home for the elders” and to manage and maintain same ;

(b) to provide welfare facilities for the deaf and blind, the disabled and the destitutes ;

(c) to promote, and engage in the implementation of. community welfare, educational, and social development projects in Sri Lanka ;

(d) to promte cultural activities and to assist the Archaeological Department to conserve ancient buildings and monuments and works of art ;

(e) to promote mutual understanding and co-operation among people, irrespective of race and religion :

(f) to provide bursaries, scholarships, prizes, donations, financial aid and assistance for the promotion of education and the advancement, disemination and propagation of knowledge ;

(g) to engage in any industry or trade or in any export or import business and to aid and assist persons to commence and operate agricultural, industrial and commercial ventures and to undertake training programmes and extension services and to organise propaganda activities, relating to the transfer of technology ;

(h) to establish and maintain projects for the protection, management and conservation of the environment ;

(i) to collaborate or liase with any other institution or organisation, whether foreign or local, having objects similar to those of the Corporation ;

(j) to sponsor and conduct conferences, seminars, workshops, group studies and lectures in Sri Lanka and elsewhere, in furtherance of the objects of the Corporation ;

(k) to formulate and implement schemes for cottage industries and self employment;

(l) to print, publish and distribute books, journals, leaflets, newspapers and magazines which the Corporation may consider desirable for the promotion and advancement of its objects ; and

(m) to do such other acts and things as may be necessary, incidental or conducive to the accomplishment of all or any of the objects of the Corporation.

(1) The affairs of the Corporation shall, subject to 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 such number of members as may be provided in such rules and elected in accordance therewith.

(2) The first Board of Management of the Corporation shall consist of the members of the Board of Management of the Association holding office on the day immediately preceding the date of commencement of this Act.

(1) There shall be a Board of Trustees who shall be entrusted with the Management of “the Jayawardena Home for Elders” and the trust property.

(2) Trust property shall not be alienated or otherwise disposed of without the approval of the Board of Trustees.

(3) The first Board of Trustees of the Corporation shall consist of the Board of Trustees of the Association holding office on the day immediately preceding the date of commencement of this Act and whose names are specified in the Schedule hereto.

(a) to purchase, rent, lease or otherwise acquire lands or buildings which may be required for the purposes of the Corporation ;

(b) to borrow or raise money with or without interest for the purposes of the Corporation ;

(c) to make, draw, accept, discount, endorse, negotiate, buy, sell and issue, bills of exchange, cheques, promissory notes and other negotiable instruments and to open, operate and close, bank accounts ;

(d) to invest any funds not immediately required for the purposes of the Corporation in such manner as the Board may think fit;

(e) to solicit and receive subscriptions, grants, donations, and gifts of all kinds ;

(f) to enter into agreements or contracts with any person. company or body of persons as may be necessary for carrying out its objects ;

(g) to undertake, accept, execute, perform and administer any lawful trusts and conditions affecting any movable or immovable property ;

(h) to appoint employ and dismiss, officers and servants of the Corporation, and to pay them such salaries, allowances and gratuities as may be determined by the Corporation ; and

(i) to do all other acts and things as may be necessary or expedient for the proper and effective carrying out of the objects of the Corporation.

(1) It shall be lawful for the Corporation, from time to time, at any general meeting and by a majority of not less than two-thirds of the members present and voting, to make rules not inconsistent with the provisions of this Act or any ther written law for all or any of the following matters :”

(2) The rules of the Association 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 other written law, he deemed to be the rules of the Corporation and may be amended, altered, added to, or rescinded at a like meeting and in like manner as a rule made under subsection (1) of this section.

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

(1) The Corporation shall have its own fund and all moneys received by way of gift, bequest, donation, subscription, contribution, fees or grants for and on account of the Corporation shall be deposited to the credit of the Corporation in one or more banks as the Board shall determine.

(2) There shall be paid out of the fund ail sums of money to defray any expenditure incurred by the Corporation in the exercise, performance and discharge of its powers, duties and functions under this Act.

(1) The Board shall cause proper accounts to be kept of all the moneys received and expended by the Corporation.

(2) The accounts of the Corporation shall be examined and audited at least once in every year, and the correctness of the income and expenditure, account and the balance sheet, certified by an auditor or auditors who are associate members of the Institute of Chartered Accountants of Sri Lanka appointed by the Board.