[This is the version of this document at 30 June 2017.]
1. Short title
This Act may be cited as the Murugan Foundation Act.
2. Interpretation
In this Act—"Board" means the Board referred to in section 5;"Foundation" means the Murugan Foundation established under section 3.
3. Establishment of Foundation
(1)There is established for the purposes of this Act the Murugan Foundation.(2)The Foundation shall be a body corporate.
4. Objects of Foundation
The objects of the Foundation shall be to—(a)promote the intellectual, social, cultural and artistic development of the Tamil-speaking group;(b)grant scholarships for studies in the fields of language, arts and culture;(c)disseminate and promote Tamil language and culture;(d)promote exchanges with other organisations having similar objectives both locally and internationally;(e)encourage and assist financially or otherwise local organisations which have similar objectives as the Foundation;(f)establish, manage and maintain charitable, educational and cultural institutions.
5. The Board
(1)The Foundation shall be managed by a Board constituted in accordance with regulations made under this Act.(2)—(3)No member of the Board shall receive any fee or remuneration for his services.(4)The Board shall be convened by the Chairperson at such time and place—(a)as he thinks fit;(b)as may be requested by 5 members.(5)Seven members shall constitute a quorum.
6. Donations and legacies
Article 910 of the Code Civil Mauricien shall not apply to the Foundation.
7. Exemption
Notwithstanding any other enactment—(a)the Foundation shall be exempt from payment of any duty, rate, charge, fee or tax; and(b)no stamp duty or registration fee shall be payable in respect of any document under which the Foundation is the sole beneficiary.
8. Accounts of Foundation
(1)The financial year of the Foundation shall end on 30 June.(2)The Board shall, on or about 31 October in every year, prepare a statement of accounts and balance sheet of the finances of the Foundation.(3)The statement of accounts and balance sheet shall be annually audited by auditors who shall be appointed by the Board and published in the Gazette.
9. Dissolution of Foundation
(1)The Foundation may be dissolved by the unanimous decision of the Board.(2)Where the Foundation is dissolved, all assets remaining after winding up shall be transferred to the Mauritius Tamil Temples Federation or be used for such charitable purpose as may be decided by the Board.
10. Signature of deeds and documents
(1)Every deed, act or document relating to the Foundation shall be signed by the Chairperson and any other member designated by the Board.(2)All cheques and other negotiable instruments shall be signed or endorsed by the Chairperson and the Treasurer or, in their absence, by members nominated for that purpose by the Board.
11. Regulations
(1)The Board may make such regulations as it thinks fit for the purposes of this Act.(2)Notwithstanding the Interpretation and General Clauses Act, regulations made under subsection (1) shall not be required to be—(a)approved by the Minister;(b)laid before the Assembly;(c)published in the Gazette.