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srilawsby aturio
As enacted
EnglishSinhala සිංහල, official PDF on documents.gov.lkTamil தமிழ், official PDF on documents.gov.lk
Contents

4. Management of the affairs of the Corporation

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

(1)

The affairs of the Corporation shall, subject to the provisions of this Act and the rules of the Corporation, made under section 6, be administered by a Board of Directors consisting of the Chairman, Secretary, Treasurer and eleven members elected in accordance with such rules.

(2)

Notwithstanding the provisions of subsection (1), the founder member of the Foundation, Hon. Lansantha

Alagiyawanna shall be the first Chairman of the Board of

Directors.

(3)

The first Board of Directors of the Corporation shall consist of the members of the Board of Administration of the

Foundation holding office on the day immediately preceding the date of commencement of this Act.

(4)

A member of the Board of Directors shall unless he vacates his office earlier by death or resignation, hold office for a period of four years reckoned from the date of his election.

(5)

If any member of the Board of Directors vacates his office prior to the expiry of his term, his successor elected in accordance with the rules of the Corporation shall hold office only for the unexpired term of office of the member who he succeeds.

Read on from s 5