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6. Amendment of section 13 of the principal enactment

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

Section 13 of the principal enactment is hereby amended in subsection (1) of that section, as follows:—

(1)

in paragraph (b) thereof, by the substitution for the words “less than the prescribed amount;”, of the words “less than such amount as determined by the

Board by rules made in that behalf;”; and

(2)

by the insertion immediately after paragraph (b)

thereof, of the following new paragraph:—

“(bb)

has in its Board of Directors persons who are not subject to any one or more of the disqualifications specified in the Second

Schedule to this Act;”.