6. The income and property of the Corporation stall he 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 or by way of a transfer of property to the members of the Corporation ; Provided, however, that nothing in the preceding provisions of this section shall prevent-
| (a) the payment in good faith of remuneration to any officer or servant or member of the Corporation for services rendered to the Corporation, or the payment of pensions or other benefits to any officer or servant of the Corporation on retirement; |
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| (b) the payment of interest at a rate not exceeding that which may from time to time be prescribed by rules made by the Corporation on moneys borrowed from any member; |
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| (c) the payment of any grant by the Corporation to any member for any services done or rendered for the Corporation in promoting its objects; |
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| (d) the payment to any member, being the donor of any money or securities to the Corporation, or to his or her nominee or nominees during any period not exceeding the lifetime of the donor or such nominee or nominees, either of the actual interest derived from such gift or from the investments representing the same or of any annuity by way of annual interest on the amount of such gift at such rate as may be fixed by the Corporation; and |
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| (e) the repayment of expenses incurred by any member, officer or servant of the Corporation in the performance or discharge of his functions or duties or in promoting the objects of the Corporation. |
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Sri Lanka Consolidated Acts