Sri Lanka Consolidated Acts

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Sri Sarananda Foundation (Incorporation) Act (No. 49 of 1998) - 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 thereat to make rules, not inconsistent with the provisions of this Act, or any other written law or in respect of any or all of the following matters :"
(a) classification of membership, fees, payable by each class of members, number of members, their admission, withdrawal, expulsion or resignation ;
(b) election of the Committee of Management, resignation or vacation of, or removal from, office or office bearers and the powers, duties and conduct of the members of die Committee of Management;
(c) appointment, powers, duties, functions and conduct of, the various officers, agents and servants of the Corporation;
(d) the procedure to be observed at, the summoning of, and holding of, meetings of the Committee of management Corporation or any sub-committee, filling of vacancies, notices and agenda of such meetings, the quorum therefor and the conduct of business thereat;
(e) the qualifications and disqualifications for membership in the Committee of Management of the Corporation ;
(f) the administration and management of the property of the Corporation ;
(g) generally, for the management of the affairs of the Corporation and the accomplishment of its objects and dissolution of the Corporation.
(2) The rules of the Foundation in force on the day preceding the date of Commencement of this Act, shall in so far as they are not inconsistent with the provisions of this Act or other written law be deemed to be the rules of the Corporation and may be amended, added to or rescinded at a like meeting and in like manner as a rule made under subsection (1) of this section.
(3) The members of the Corporation shall be subject to the rules of the Corporation.


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