Sri Lanka Consolidated Acts

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Pasyodunrata Development Foundation Act (No. 5 of 1999) - Sect 7

Debts due to and payable by the Corporation,

7. All debts and liabilities of the Foundation existing on the day preceding the date of commencement of this Act, shall be paid by the Corporation hereby constituted and all debts due to and subscriptions and contributions payable to, the foundation on that day shall be paid to the Corporation for the purposes of this Act.

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