As enactedVersion · As enacted
Housing Development Finance Corporation of Sri Lanka Act 1997 · As enacted · Part II · Functions and Powers of the Corporation
14. Appoinunent and powers of the General Manager
Feedback & supportOfficial English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
(1)
The Board shall, with the prior written approval of the Minister appoint a Gencral Manager to the staff of the
Corporation on such salary and with such allowances as may be fixed by the Board.
(2)
The General Manager shall be a full time officer of the
Corporation and shall be the Chicf Executive Officer of the
Corporation.
(3)
The General Manager shall attend every mecting of the
Board unless the Board otherwise directs, but he shall have no right to vote.