Sri Lanka Consolidated Acts

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Cumaratunga Munidasa Foundation (Incorporation) Act (No. 5 of 1994) - 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 classification of membership and the admission, withdrawal or expulsion of members;
(b) the election of the office bearers, the resignation or vacation, of, or removal from, office of office bearers, and their powers, conduct and duties;
(c) the appointment or election of the members of the Board of Trustees of the Corporation and the powers, conduct and duties;
(d) the powers, conduct, duties and functions of the various officers, agents and servants of the Corporation;
(e) the procedure to be observed at, and the summoning, and holding of, meetings of the Corporation and the Board of Trustees, the times, places, notices and agenda of such meetings, the quorum therefor and the conduct of business thereat;
(f) the administration and management of the property of the Corporation, the custody of its funds and the maintenance and audit of its accounts ; 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(2) Any rule made by the Corporation may be amended, altered, added to or rescinded at a like meeting and in like manner as a rule made under subsection (1).
(3) All rules of the Foundation which were 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 any other written law, be deemed to be rules made under this section.
(4) The members of the Corporation shall be subject to the rules of the Corporation.


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