Government Officers' Benefit Association (Incorporation) Act (No. 27 of 1971)

Sri Lanka Consolidated Acts

Objects of the Corporation

3. The following shall be the objects of the Corporation:-

(a) to promote thrift among its members;

(b) to give relief to members in times of sickness, distress or pecuniary difficulties;

(c) to grant loans to members for such purposes as the Corporation may, from time to time, determine in accordance with the rules of the Corporation;

(d) to establish and administer a Retirement Benefit Scheme for the benefit of the members in accordance with the rules of the Corporation;

(e) to establish and administer a Savings Scheme in accordance with the rules of the Corporation;

(f) to establish and administer a Death. Donation Scheme in accordance with the rules of the Corporation; and

(g) to do all such other things, in accordance with the rules of the Corporation, as may be necessary for the benefit of the members.