9. The income and property of the corporation shall be applied solely towards the promotion of the objects of the corporation and no portion thereof shall be paid or transferred directly or indirectly by way of dividend, bonus, or otherwise by way of profit, to the members of the corporation:Provided that nothing in the preceding provisions of this section shall prevent-
| (a) the payment of reasonable and proper remuneration to any officer or servant of the corporation who is not a member of the committee administering the affairs of the corporation, or to any member of the corporation who is not a member of such committee for any services rendered to the corporation, |
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| (b) the payment of interest at a rate not exceeding five per centum per annum on money lent, or reasonable and proper rent for premises let, by any member to the corporation, and |
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| (c) the payment, with the consent of seventy-five per centum of the members of such committee, to any member of such committee, or to any company or firm of which any member of such committee is a member or partner, for any work or services done or rendered for or to the corporation. |
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Sri Lanka Consolidated Acts