WHEREAS an Association called and know as "The Sarana Buddhist (Relief) Foundation" has heretofore been established under the guidance of Ven. Nakulugamuwe Sumana Thero for the purpose of propagating the practice of the teachings of the Lord Buddha effectually and to carry out and transact all matters connected with the said Association according to the rules of the Association

AND WHEREAS the said foundation has heretofore successfully carried out and transacted the several objects and matters for which it was established and has applied to be incorporated and it will be for the public advantage to grant such application:

BE it therefore enacted by the Parliament of the Democratic Socialist Republic of Sri Lanka as follows :-

1. This Act may be cited as the Sarana Buddhist (Relief) Foundation (Incorporation) Act, No. 39 of 2007.

2. From and after the date of commencement of this Act, such and so many persons as now are members of the "Sarana Buddhist (Relief) Foundation" (hereinafter referred to as "the Foundation") or shall hereafter be admitted as members of the Corporation hereby constituted, shall be a body corporate with perpetual succession under the name and style of "Sarana Buddhist (Relief) Foundation" (hereinafter referred to as "the Corporation") and by that name may sue and be sued with full power and authority to have and use a common seal and alter the same at its pleasure.