Regulation of Insurance Industry Act 2000 · As enacted
10. Staff of the Board
Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
Official translationFrom Department of Government Printing, unchanged
The Board may appoint such officers and servants as it considers necessary for the efficient discharge of its functions.
The officers and servants appointed under subsection (1), shall be remunerated in such manner and at such rates and shall be subject to such conditions of service as may be determined by the Board.
At the request of the Board, any officer in the public service may, with the consent of the officer and the Secretary to the Ministry of the Minister in charge of the subject of
Public Administration, be temporarily appointed to the staff of the Board for such period as may be determined by the
Board with like consent, or with like consent be permanently appointed to such staff.
Where any officer in the public service is temporarily appointed to the staff of the Board, the provisions of subsection (2) of section 14 of the National Transport Commission Act,
No. 37 of 1991, shall, mutatis mutandis, apply to, and in relation to, such officer.
Where any officer in the public service is permanently appointed to the staff of the Board, the provisions of subsection (3) of section 14 of the National Transport Commission Act,
No 37 of 1991, shall, mutatis mutandis, apply to, and in relation to, such officer.
Where the Board employs any person who has agreed to serve the Government for a specified period, any period of service to the Board by that person shall be regarded as service to the Government for the purpose of discharging the obligations of that person under such agreement.
Part II
Registration of Insurers
Part III
General Provisions Applicable to Insurers
Part IV
Long Term Insurance Business
Part V
Accounts, Inspection and Investigation
Part VI
Publicity
Part VII
Management by Administration and Winding Up
Part VIII
Registration of Brokers and Insurance Agents
Part IX
Offences
Part X