Volume VII
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Arrangement of Sections

1. Short Title.

2. Incorporation of the Serendib Educational Foundation.

3. General objects of the Corporation.

4. General powers of the Corporation.

5. Management of the Corporation.

6. Rules of the Corporation.

7. Fund of the Corporation.

8. Debts due by and payable to the Corporation.

9. Corporation may hold movable and immovable property.

10. Audit and accounts.

11. Property remaining on dissolution.

12. Seal of the Corporation.

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

14. Sinhala text to prevail in case of inconsistency.

54 of 2009.

AN ACT to incorporate the Serendib Educational Foundation.

[Date of Commencement: 28th September, 2009]

1. Short Title.

This Act may be cited as the Serendib Educational Foundation (Incorporation) Act.

2. Incorporation of the Serendib Educational Foundation.

From and after the date of commencement of this Act, such and so many persons as now are members of the Serendib Educational Foundation (hereinafter referred to as the "Foundation”) or shall hereafter be admitted as members of the Corporation hereby constituted shall be a body corporate with perpetual succession, under the name and style of the "Serendib Educational Foundation” (hereinafter referred to as "the Corporation”) and by that name may sue and be sued with full power and authority to have and use a common seal and to 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 use and apply the funds of the Corporation to grant scholarships and provide career guidance and enhance educational, technical and professional skills and economic welfare of Sri Lankan Muslims;

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