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As enacted
Contents

3. Constitution of the Board of the Authority

Official English translation. The Sinhala text prevails.

(1)

The management of the affairs the Authority shall vest in a Board, appointed by the Minister which shall consist of the following :—

(a)

two ex-officio members, namely —

(i)

the Secretary to the Treasury ; and

(ii)

Secretary to the Ministry in charge of the

Authority ; and

(b)

seven appointed members chosen from among persons who have experience and knowledge in the fields of finance, trade, banking, agriculture, industry, technology and law (hereinafter referred to as “appointed members”).

(2)

The Minister shall appoint one of the members of the

Board to be the Chairman.