Sri Lanka Consolidated Acts

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Thurusaviya Fund Act (No. 23 of 2000) - Sect 16

Objects of the Societies

16. The objects of every Thurusaviya Society registered under this Act shall be"
(a) to create and foster understanding among its members and to act in cooperation to obtain maximum benefits for their produce ;
(b) to inculcate and promote the savings habit in. and uplift the economic and social status of. its members;
(c) to promote necessary investments related to the rubber industry :
(d) to acquire, develop or establish, rubber processing units, rubber factories and other facilities required for the manufacture of the produce of its members ;
(e) to provide financial and other assistance to its members ;
(f) to stimulate the production of value added rubber based products ;
(g) to promote and develop the marketing of the produce of such rubber processing units or factories ;
(h) to take such measures as may be necessary for the improvement and well being of its members.


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