Housing Development Finance Corporation of Sri Lanka Act 1997 · As enacted · Part VI · General
Section 27
Feedback & supportOfficial English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
The Board may make rules dealing with matters not provided for by this Act which in the case of a company formed under the Companies Act, No. 17 of 1982 would be dealt with by its articles of association.
Rules of the
Corporation.
20 Housing Development Finance Corporation of
Subject to the provisions of this Act, the shareholders may by special resolution, amend or rescind any rule made under subsection (1) or add to the rules so made.
In this subsection the expression “special resolution” mearts arcsolution passed by a majority of not less than three fourths of such sharcholders as, being entitled so to do, vote in person or by proxy’at a mecting of the sharcholders of which not less than twenty one days notice has been duly given to the share-holders specifying the resolution intended to be proposed al that mecting.