5. Management of the affairs of the Corporation

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

(1)

The affairs of the Corporation shall, subject to the provisions of this Act and the rules made under section 7, be administered by a Committee of Management (hereinafter referred to as the “Committee”) consisting of the Chairman,

Secretary, Treasurer and four other members who shall be elected in accordance with the rules of the Corporation.

(2)

The founder member of the Foundation, Honourable

Chandima Weerakkody, Member of Parliament shall be the first Chairman of the Committee of Management of the

Corporation.

(3)

(a)

The first Committee of the Corporation shall be the Committee of Management of the Foundation holding office on the day immediately preceding the date of commencement of this Act, who shall hold office until the new members are elected in terms of the provisions of this Act.

(b)

The first Committee of the Corporation shall be appointed or elected within one year of the date of commencement of this Act.

(4)

(a)

Every office bearer of the Committee including the patrons and advisors, shall be appointed or elected for a period of three years and any such office bearer, patron or advisor shall be eligible for re-appointment or re-election after a lapse of the said period of three years.

(b)

In the event of a vacancy occurring due to the death, resignation, incapacity or removal from office of an office bearer, the committee shall, having regard to the rules of the

Corporation, elect or appoint a person to fill such vacancy.

(c)

The person elected or appointed under paragraph (b)

shall hold office only for the unexpired portion of the term of office of the member whom he succeeds.

Read on from s 6