| (1) The Board may from time to time, at a general meeting and by a majority of votes of not less than two-thirds of the members present and voting thereat, make rules, not inconsistent with the provisions of this Act, or any other written law, in respect of any or all of the following matters: "
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| (a) the appointment or election of the Board of Trustees, the term of office of every such member, the procedure to be observed at, and the summon in and holding of meetings, the times, places, notices and agenda of such meetings, the quorum thereof and the conduct business thereat; | | |
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| (b) the award of scholarships and the provision of financial assistance to the students referred to in section (3) | | |
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| (c) the procedure to be followed in the transaction of business at meetings of the Board; | | |
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| (d) the powers, duties and functions of the members of the Board ; | | |
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| (e) the defrayal of such expenses as may be incurred by the Board for the purpose of carrying out the objects of the Corporation; | | |
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| (f) the management of the affairs of the Corporation and the attainment of its objects; | | |
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| (g) the administration and management of the property of the Corporation, the custody of its funds and the maintenance and audit of its accounts; and | | |
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| (h) the keeping of accounts the deposit of monies and the custody documents | | |
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Sri Lanka Consolidated Acts