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As enacted

5. Management of the affairs of the Corporation

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

(1)

Subject to the provisions of this Act the management and administration of the affairs of the

Corporation shall be carried out by a Council (hereinafter referred to as the “Council”) consisting of such number of office bearers as may be specifid by the rules made under section 7.

(2)

(a)

The Council of the Institute holding office on the day immediately preceding the date of commencement of this Act, shall function as the Council of the Corporation until the first Council is appointed or elected in the manner provided for by rules made under section 7.

(b)

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

(3)

(a)

Every office bearer of the Council 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 the lapse of the said period of three years.

(b)

In the event of a vacancy occourring due to the death, resignation, incapacity or removal from office of and office bearer, the Council 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 holde office only for the unexpired portion of the term of office the member whom he succeeds.

Institute of Geology, Sri Lanka