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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)

The management, control and administration of the affairs of the Corporation shall, subject to the provisions of this Act and rules to be made under the Act, be vested in a

Governing Council (hereinafter referred to as “the Council”)

consisting of office bearers and such other members as may be elected or appointed in accordance with the rules of the

Corporation, to be made in compliance with the provisions of the section 7 of this Act.

(2)

The first Council of the Corporation shall consist of the members of the Council of the Institute holding office on the day preceding the date of commencement of this Act.