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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 Corporation shall, subject to the provisions of this Act and any rule that may be made under section 6, vest in a Council of Management (hereinafter referred to as

“the Council”).

(2)

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