Volume III
Log in

Login to your account

Username *
Password *


Arrangement of Sections

1. Short title.

2. Incorporation of Dr. Soma Edirisinghe Fund.

3. General objects of the Corporation.

4. Management of the affairs of the Corporation.

5. General powers of the Corporation.

6. Rules of the Corporation.

7. Fund of the Corporation.

8. Auditing activities.

9. Debts due and payable to the Fund.

10. Corporation may hold property movable and immovable.

11. How the seal of the Corporation is to be affixed.

12. Property remaining on dissolution.

13. Saving of the rights of the Republic and others.

14. Sinhala text to prevail in case of inconsistency.

34 of 2008.

AN ACT to incorporate the Dr. Soma Edirisinghe Fund.

[Date of Commencement: 21st October, 2008]

1. Short title.

This Act may be cited as the Dr. Soma Edirisinghe Fund (Incorporation) Act.

2. Incorporation of Dr. Soma Edirisinghe Fund.

From and after the date of commencement of this Act, such and so many persons as now are members of the "Dr. Soma Edirisinghe Fund” (hereinafter referred to as the "Fund”) or shall hereafter be admitted as members of the Corporation hereby constituted, shall be and become a body corporate (hereinafter referred to as the "Corporation”), with perpetual succession, under the name and style of the "Dr. Soma Edirisinghe Fund” 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.

3. General objects of the Corporation.

The general objects for which the Corporation is constituted are hereby declared to be—

(a) to encourage and assist students faced with economic or financial difficulties to pursue higher studies and to assist and actively encourage students from low-income families or students who have lost one or both parents or students affected by similar disadvantages to pursue higher studies;

(b) to provide assistance and relief to the poor and destitute who require heart surgery, kidney transplantation or surgery for illnesses related to cancer;

(c) to establish and maintain orphanages and homes for the aged and to establish social welfare centres;

(d) to provide welfare facilities for the deaf, dumb and the blind and disabled persons and to establish welfare homes;

(e) to provide wheel chairs, clrutches and spectacles for the poor and destitute;

(f) to provide housing facilities for those who do not possess shelter and to provide assistance for the completion of construction of such houses;

This section of the article is only available for our subscribers. Please click here to subscribe to a subscription plan to view this part of the article.