11. Officers and servants of the Fund

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

The Board shall have power subject to the direction of the Minister—

(a)

to appoint such officers and servants of the Fund as may be necessary for the administration and management of the affairs of the Fund ;

(b)

to determine the remuneration payable to the officers and servants so appointed ; and

(c)

to pay such remuneration and other expenses incurred in the administration of the affairs of the

Fund out of the income of the Fund.