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Part II · Establishment of the Secured Transactions Registration Authority

10. Board of Directors of the Authority

அதிகாரப்பூர்வ ஆங்கில மொழிபெயர்ப்பு. சிங்கள உரை மேலோங்கும். அதிகாரப்பூர்வ Sinhala உரையைத் திறக்கவும், documents.gov.lk-இல் அதிகாரப்பூர்வ PDF

(1)

The administration and management of the affairs of the Authority shall be vested in a Board of Directors (in this

Act referred to as the “Board”), consisting of the following members:-

(a)

the Governor of the Central Bank of Sri

Lanka, or a person nominated by him as his representative, who shall be the Chairperson of the Board;

(b)

the Secretary to the Treasury or a person nominated by him as his representative;

(c)

the Chairman and a Director of the Bureau or persons nominated by them as their representatives; and

(d)

the Registrar of the Authority appointed under section 16 of this Act.

(2)

The Board shall, for the purpose of administering and managing the affairs of the Authority, exercise, perform and discharge the powers, duties and functions conferred on, assigned to or imposed on, the Authority by this Act.

(3)

The Registrar of the Authority shall be the Secretary to the Board and shall be responsible for maintaining a record of the minutes of all meetings of the Board.