16. Administration and management of the Economic Commission

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

(1)

The administration and management of the affairs of the Economic Commission shall be vested in a Board of

Members (in this Part referred to as the “EC Board”).

(2)

The EC Board shall, for the purpose of administering and managing the affairs of the Economic Commission, exercise, perform and discharge the powers, duties and functions conferred or imposed on, or assigned to the

Economic Commission by this Part.

(3)

The EC Board shall consist of not more than ten members comprising of the following: -

(a)

the following ex officio members:-

(i)

the Secretary to the Ministry of the Minister assigned the subject of Finance or his nominee who shall be an officer not below the rank of Deputy Secretary to the Treasury;

(ii)

the Secretary to the Ministry of the Minister assigned the subject of Investment or his nominee who shall be an officer not below the rank of Additional Secretary;

(iii)

the Chairperson of the Office for International

Trade;

(iv)

the Chairperson of the Zones SL; and

(b)

not more than six persons appointed by the

President (in this Part referred to as the “appointed members”) comprising of persons having knowledge, expertise and experience and national or international recognition in the fields of

Economics, Investment, International Trade,

Finance, Law, Information Technology, Logistics,

Manufacturing or Business.

(4)

The EC Board shall invite the persons designated by the Economic Commission or under any other law to head any authorities which may be designated by the Economic

Commission or vested with the responsibility by any other law over Investment Zones and export promotion and development to attend meetings of the Economic

Commission, provided that they shall not be entitled to a vote thereat.

Read on from s 17

Part III

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Part IV

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Part V

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Part VI

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Part VII

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