As enactedVersion · As enacted
Housing Development Finance Corporation of Sri Lanka Act 1997 · As enacted · Part I · Establisiiment of Housiing Development Finance Corporation of Sri Lanka
7. Director to disclose interest in contract
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A director who is directly or indirectly interested in any contract proposed to be made by the Board shall disclose the nature of his interest at a meeting of the Board. The disclosure shall be recorded in the minutes of Board and such director shall not take part in any deliberation or decision of the Board with respect to such contract.
Director
Defined · s 44
“ Director ” means a director of the Board; 26 Housing Development Finance Corporation of