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As enacted

Part III · Chief Executive Officer and the Staff of the Foundation

17. Staff of the Foundation

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

(1)

Subject to the provisions of this Act, the

Foundation may employ or appoint such employees as may be necessary for the efficient exercise, discharge and perform of its powers, functions and duties.

(2)

The Board shall have the power subject to the provisions of the Act to—

(a)

exercise disciplinary control over and dismiss the officers and employees of the Foundation;

(b)

determine the terms and conditions of service of the officers and employees of the Foundation; and

(c)

fix the rates at which such officers and employees shall be remunerated with the concurrence of the

Minister.

(3)

All employees of the Foundation shall, within one month of employment, declare in writing to the Foundation of their personal direct or indirect interest to the affairs and transactions of the Foundation including those of their close relations or, concerns in which such employee has a substantial interest.

Part IV

Finance

Part V

General