Sri Lanka Consolidated Acts

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Mahara Social Development Foundation (Incorporation) Act (No. 48 of 2000) - Sect 10

Debts due by and payable to the Foundation

10. All debts and liabilities of the Foundation existing on the day preceding the date of commencement of this Act, shall be paid and discharged by the Corporation and all debts due to, and any subscriptions and contributions payable to, the Foundation on that day shall be paid to the Corporation for the purposes of this Act.

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