නිල පරිවර්තනයවෙනස් නොකළ පාඨය, Department of Government Printing වෙතින්
(1)
The affairs of the Corporation shall, subject to the other provisions of this Act and the rules in force for the time being of the Corporation, be administered by a Board of Directors consisting of Chairman and a Secretary,
Treasurer and another nine more members elected in accordance with such rules.
(2)
The founder member of the Foundation, Honourable
Minister Jeyaraj Fernandopulle shall be the Chairman of the
Board of Directors for life and thereafter, the eldest child of the person who was holding office as the Chairman, shall become the next Chairman of the Board of Directors.
Jeyaraj Fernandopulle Foundation
(3)
The first Board of Directors of the Corporation shall consist of the members of the Board of Administration of the
Foundation holding office on the day immediately preceding the date of commencement of this Act.
(4)
A member of the Board of Directors other than the
Chairman shall unless he vacates his office earlier by death or resignation, hold office for a period of four years. Where due to death or resignation a vacancy occurs in the Board of
Directors, a new member shall be appointed to fill such vacancy, and such a new member shall hold office for a period of four years.