(1) There shall be established a Foundation, in order to perpetuate the memory of the late Mr. Saumyamoorthi Thondaman to be called "The Saumyamoorthi Thondaman Memorial Foundation", (hereinafter referred to as "the Foundation").

(2) The Foundation shall by the name assigned to it by subsection (1), be a body corporate and shall have perpetual succession and a common seal and may sue and be sued in such name.

(1) The Foundation shall be administered by a Board of Management, (hereinafter referred to as the "Board 17) consisting of: -

(2)

(3) A member referred to in paragraph (a), (b), (d) and (e) of subsection (1) shall hold office so long as such member holds the office by virtue of which he is a member of the Board.

(4) The Chairman of the Board shall be the Minister and in the absence of the Minister from any meeting of the Board, the members present at such meeting shall elect from among themselves a Chairman for that meeting.

(5) The quorum for a meeting of the Board shall be five members.

(6) Subject to the provisions of subsection (5), the Board may regulate the procedure in regard to the meetings of the Board and the transaction of business at such meetings.

(7) The Board may act notwithstanding a any vacancy among its members or any defect in the appointment of any member thereof.

(a) shall be in the custody of such person as the Board may from time to time determine ;

(b) may be altered in such manner as may be determined by the Board ;

(c) shall not be affixed to any document except with the sanction of the Board and in the presence of two members of the Board who shall sign the document in token of their presence.

(a) to promote peace, goodwill, understanding and cooperation among all Sri Lankan communities ;

(b) to promote and encourage inter - communal harmony and social integration ;

(c) to promote the religious, educational, vocational, social, political, economic, aesthetic and physical development of Sri Lankans ;

(d) to enhance the knowledge and understanding of Sri Lankans in the economic, political, educational, cultural, social and aesthetic fields ;

(e) to improve the living conditions of any persons, who are economically and socially disadvantaged, including any improvement to their shelters and the provision of other infrastructure facilities ;

(f) to encourage Sri Lankans to invest in appropriate banks and financial institutions ;

(g) to establish relations with local and foreign institutions which have similar objectives as those of the Foundation;

(h) to provide financial or other assistance to any person engaged in any activity which is similar to any of the objectives of the Foundation ;

(i) to organize seminars, workshops and training programmes in Sri Lanka and abroad on economic, political, educational, cultural and social fields ;

(j) to organize programmes for creating awareness among the Sri Lankans on the human rights, duties and access to justice ;

(k) to provide adequate facilities for the improvement of sports and recreation capabilities of Sri Lankans ;

(l) to maintain and utilize the "Thondaman Cultural Centre at Ramboda, the Thondaman Sports Complex at Norwood and the Thondaman Vocational Training Centre at Hatton" in order to secure the objects of the Foundation and for any other-purpose which the Board may consider fit:

Provided however, that the Thondaman Cultural Centre at Ramboda, Thondaman Sports Complex at Norwood and Thondaman Vocational Training Centre at Hatton shall not be used for any political purpose; and

(m) to do all such other acts as may be necessary or conducive for the attainment of any or all of the above objects.

(a) to receive grants, gifts or donations in cash or kind ;

(b) to take or hold any property movable or immovable by way of purchase, grant, gift, testamentary disposition or otherwise, and to sell, mortgage, lease,. rent, grant, convey, devise, assign, exchange or otherwise dispose the same ;

(c) to give grants, endowments or scholarships for economic, educational, cultural, social, aesthetic and sports development and vocational development purposes ;

(d) to obtain loans on such terms and conditions as may be approved by the Board for the purpose of carrying out the objects of the Foundation ;

(e) to enter into or perform either directly or through officers and servants or agents of the Foundation authorized in writing in that behalf, all such contracts and agreements as may be necessary for the exercise, performance and discharge of the powers duties and functions and carrying out the objectives of the Foundation ;

(f) to charge fees for any services or facilities provided by the Foundation ;

(g) subject to the provisions of this Act, to appoint and employ officers and servants as may be necessary for the carrying out of the objects of the Foundation and remunerate them and to dismiss and exercise disciplinary control over them ;

(h) to manage and maintain the Thondaman Cultural Centre at Ramboda, Thondaman Sports Complex at Norwood and Thondaman Vocational Training Centre at Hatton and to levy charges for the use of, or for the public viewing of such Centers or any part thereof;

(i) to invest funds belonging to the Foundation at the discretion of the Board in any such investments as are authorized by law for the investment of such money, and to recall, re-invest, and vary such investment, and to collect the income accruing from such investments ;.

(j) to appoint committees to assist the Foundation in performance of its functions and achievement of its objectives ; and

(k) to do all things as are necessary for or conducive or incidental to the carrying out of the objectives of the Foundation.

(1) The Board may appoint to the staff of the Foundation such officers and servants as may be necessary for the efficient discharge of its functions, on such terms and conditions as may be determined by the Board from time to time.

(2) At the request of the Board, any public officer may, with the consent of that officer and the Secretary to the Ministry of the Minister in charge of the subject of Public Administration, be temporarily appointed to the staff of the Foundation for such period as may be determined by the Board with like consent or be permanently appointed to such staff.

(3) Where any public officer is temporarily appointed to the staff of the Foundation, the provisions of subsection (2) of section 14 of the National Transport Commission Act, No. 37 of 1991 shall mutatis mutandis apply to, and in relation to, him.

(4) Where any public officer is permanently appointed to the staff of the Foundation, the provisions of subsection (3) of section 14 of the National Transport Commission Act. No. 37 of 1991 mutatis mutandis, apply to, and in relation, to him.

(1) There shall be established a Fund called "The Saumyamoorthi Thondaman Memorial Foundation Fund", (hereinafter in this Act referred to as the "Fund")-

(2) A sum of rupees two hundred and seventy two million, provided out of the Consolidated Fund of Sri Lanka, already expended for the construction of the Thondaman Cultural Centre at Ramboda, Thondaman Sports Complex at Norwood and Thondaman Vocational Training Centre at Hatton, shall be the initial capital of the foundation.

(3) There shall be paid into the Fund -

(4) There shall be paid out of the Fund all such sums of money as are required to defray any expenditure incurred by the Board in the exercise and discharge of its powers and functions under this Act.

(1) The Board shall cause its books of accounts to be balanced on the thirty first day of December in each year and shall not later than the last day of February next following prepare a profit and loss account and a balance sheet containing a summary of the assets and liabilities of the Board made up to the date aforesaid, prepared and signed by the officer responsible for the preparation of such accounts and balance sheet.

(2) The provisions of Article 154 of the Constitution shall apply to the audit of the accounts of the Foundation.

(1) No suit or prosecution shall lie against any member of the Board, officer or servant of the Foundation, for any act which in good faith is done or purported to be done by him under this Act, or on the direction of the Board for the purpose of giving effect to the provisions of this Act.

(2) Any expense incurred by the Foundation in any suit or prosecution brought by or against the Foundation before any court, shall be paid out of the Fund of the Foundation and any costs paid to or recovered by the Foundation in any such suit or prosecution shall be credited to the Fund of the Foundation.

(3) Any expense incurred by such person as is referred to in subsection (1), in any suit or prosecution brought against him before any court in respect of any act which is done or purported to be done, by him under this Act, or on the direction of the Board shall, if the Court holds that such act was done in good faith, be paid out of the Fund unless such expense is recovered by him in such suit or prosecution.

(1) Subject to the provisions of this Act, the Board may make rules for, and in respect of, all or any of the following matters: -

(2) Every rule made by the Board shall be approved by the Minister and be published in the Gazette and shall come into operation on the date of such publication or on such later date as may be specified therein.