Saweera Foundation (Incorporation) Act

• Coming into Force: 12 June 2024
• Year: 2024
• Act Number: 29
• Citation: No. 29 of 2024

AN ACT TO INCORPORATE THE SAWEERA FOUNDATIONPreambleWHEREAS a Foundation called and known as the "Saweera Foundation" has heretofore been established in Sri Lanka for the purpose of effectually carrying out its objects and transacting all matters connected with the said Foundation according to the rules agreed to by its members:AND WHEREAS the said Foundation has heretofore successfully carried out and transacted the several objects and matters for which it was established, and has applied to be incorporated, and it will be for the public advantage to grant the said application:BE it enacted by the Parliament of the Democratic Socialist Republic of Sri Lanka as follows:-

Short title1. This Act may be cited as the Saweera Foundation (Incorporation) Act, No. 29 of 2024.

Incorporation of the Saweera Foundation2 (1) From and after the date of commencement of this Act, such and so many persons as now are members of the "Saweera Foundation" (hereinafter referred to as the "Foundation") or shall hereafter be admitted as the members of the body corporate hereby constituted shall have perpetual succession under the name and style of the "Saweera Foundation" (hereinafter referred to as the "body corporate") 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.(2) The body corporate shall be deemed to be a voluntary social service organization within the meaning, and for the purpose of the Voluntary Social Service Organizations (Registration and Supervision) Act, No. 31 of 1980 and the provisions of that Act shall apply to and in relation to the management of the affairs of the body corporate.

General objects of the body corporate3. (1) The general objects for which the body corporate is constituted are hereby declared to be to assist the relevant authorities with the consent of such authorities- (a) to provide necessary training and support to the citizens of Sri Lanka with a view to promoting selfemployment among them; and(b) to conduct programmes for the youth to develop their leadership skills and personality,subject to any applicable written law, to the extent permitted by such written law.(2) In the implementation of the objects specified in subsection (1), the body corporate shall ensure that such implementation shall be carried out without any distinction based on race, religion, language, caste, sex, political opinion, place of birth or any of such other grounds.

Body corporate to ensure no conflict with work of Ministry or Department of the Government or Provincial Council4. The objects of the body corporate shall be carried out in such manner so as not to create any conflict between the work of the body corporate and any work being carried out simultaneously by any Ministry or Department of the Government or of any Provincial Council.

Management of the affairs of the body corporate5 (1) Subject to the provisions of this Act and the rules made under section 7 the management and administration of the affairs of the body corporate shall be carried out by a Board of Management (hereinafter referred to as the "Board") consisting of such number of office bearers as may be specified by the rules made under section 7.(2) (a) The Board of Management of the Foundation holding office on the day immediately preceding the date of commencement of this Act shall, subject to the rules made under paragraph (b) of this subsection, function as an Interim Board of the body corporate until the first Board is appointed or elected in the manner provided for by the rules made under section 7.(b) Subject to the provisions of section 7, the Interim Board of the body corporate shall have the powers to make rules for the interim administration of the body corporate not inconsistent with the provisions of this Act or any other written law.(c) Any decision of the Interim Board of the body corporate shall be taken by the majority of its members present.(d) The first Board of the body corporate shall be appointed or elected within one year from the date of commencement of this Act.(3) (a) Every office bearer of the Board including the patrons and advisers, shall be appointed or elected for a period of three years and any such office bearer, patron or adviser shall be eligible for re-appointment or re-election after the lapse of the said period of three years.(b) In the...