Acceptance of any contribution, gift or grant is at the discretion of the Association of Sri Lanka Lawyers in the UK (ASLLUK). ASLLUK will not accept any gift unless it can be used or expended consistently with the purposes of its objectives.
No irrevocable gift, whether outright or life-income in character, will be accepted if under any reasonable set of circumstances, the gift would jeopardize the donor’s financial security.
ASLLUK will refrain from providing advice about tax or other implications of gifts and will encourage donors to seek guidance from their own professional advisers to assist them in the process of making their donation.
ASLLUK will accept donations of cash or publicly traded securities as permitted by the existing laws in the UK. Gifts in-kind (in-kind donations) will be accepted at the discretion of ASLLUK.
Certain other gifts, real property, personal property, non-liquid securities, and contributions whose sources are not transparent or whose use is restricted in some manner, must be reviewed prior to acceptance due to the special obligations raised or liabilities they may pose for ASLLUK.
ASLLUK will provide donors with acknowledgments that meet tax requirements for property received by ASLLUK as a gift. However, except for gifts of cash and publicly traded securities, no value shall be ascribed to any receipt or other form of substantiation of a gift received by ASLLUK.
ASLLUK will respect the intent of the donor to remain anonymous in relation to the gift.
The ASLLUK will not compensate, whether through commissions, finders' fees, or other means, any third party for directing a gift or a donor to ASLLUK.
