Sri Lanka Consolidated Acts

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S.D.Bandaranaike Foundation (Incorporation) Act (No. 3 of 2004) - Sect 6

Rules of the Corporation

6.
(1) It shall be lawful for the Corporation from time to time at any general meeting of the Corporation and by a majority of not less than two-thirds of the members present and voting to make rules, not inconsistent with the provisions of this Act or any other written law, for all or any of the following matters :-
(a) the admission, classification of membership, withdrawal or expulsion of members ;
(b) the election of office bearers, the resignation from or vacation of or removal from office of, office bearers, remuneration of office bearers and their powers, conduct and duties ;
(c) the election of the members of the Council and its powers, conduct and duties and the terms of office of the members of the Council ;
(d) the powers, conduct, duties and functions of the various officers, agents and servants of the Corporations ;
(e) the procedure to be observed, and the summoning and holding of meetings of the Council, the times, places, notices and agenda of such meetings, the quorum therefore and conduct of business thereat:
(f) the administration and management of the property of the Corporation ; and
(g) generally for the management of the affairs of the Corporation and the accomplishment of its objects
(2) Any rule made by the Corporation may be amended, altered, added or rescinded at a like meeting and in like manner as a rule made under subsection (1).
(3) The rules of the Foundation in force on the day immediately preceding the date of commencement of this Act, shall insofar as they are not inconsistent with the provisions of this Act. or any other written law, be deemed to be rules of the Corporation made under this section.
(4) The members of the Corporation shall be subject to the rules of the Corporation.


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