9. The moneys and property of the Corporation howsoever derived, shall be applied solely towards the promotion of its objects as set forth herein, and no portion thereof shall be paid or transferred, directly or indirectly, by way of dividend, loan, bonus or otherwise howsoever, by way of profit, to the members of the Corporation: Provided, however that the provisions of this section shall not prohibit
| (a) the payment in good faith, of reasonable and proper remuneration to any officer, employee or servant of the Corporation or to any member of the Corporation for any services rendered by him to the Corporation, |
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| (b) the payment of reasonable and proper rent for premises let to the Corporation, by any member of the Corporation or by any company of which a member of the Corporation is a shareholder; and |
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| (c) the re-imbursement or repayment of reasonable and proper expenses, incurred with the prior approval of the Executive Committee, by any member, officer, employee or servant of the Corporation, in the performance of his functions or duties, or in promoting the objects of the Corporation. |
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Sri Lanka Consolidated Acts