Sri Lanka Consolidated Acts

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Sri Lanka Federation Of University Women (Incorporation) Act (No. 12 of 1985) - Sect 8

Debts due by, and payable to, the Federation

8.
(1) All debts and liabilities of the Federation existing on the date of the commencement of this Act shall be paid and discharged by the Corporation hereby constituted, and all debts due to, and subscriptions and contributions payable to, the Federation shall be paid to the Corporation, for the purposes of this Act.
(2) Contracts entered into by the Federation shall be deemed to be contracts of the Corporation.

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