Sri Lanka Consolidated Acts

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Mawathagama Development Foundation (Incorporation) Act (No. 13 of 1999) - Sect 7

Debts due by and payable to the Foundation

7. All debts and liabilities of the Foundation existing on the day immediately preceding the date of commencement of this Act, shall be paid by the Corporation hereby constituted and all debts due to. subscriptions and contributions payable to, the Foundation on that day shall be paid to the Corporation for the purpose of this Act.

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