Bank of Ceylon (Amendment) Law (No. 10 of 1974)

Sri Lanka Consolidated Acts

Replacement of section 56 of the principal enactment

16. Section 56 of the principal enactment is hereby repealed and the following new section substituted therefor: -

56.

	(1) The board shall have power to appoint the staff of the bank including the subordinate staff:

	(2) The board may, with the approval of the Minister, from time to time alter or revise the salaries, emoluments, travelling allowances, provident fund and pension rights of any officer or member of the subordinate staff of the bank.".