5. The following new sections are hereby inserted immediately after section 5 of the principal enactment and shall have effect as sections 5A and 5B of that enactment:"
| 5A.
| | (1) Where a Committee of Management of a Credit Council has been dissolved under section 4, or where there is no Committee of Management in respect of a Credit Council, the Director of Credit Councils shall nominate an interim Committee of Management consisting of not more than five members for the purpose of administering the affairs of the Committee of Management of a Credit Council. | | |
| | (2) The Director of Credit Councils shall appoint the Chairman, Secretary and the Deputy Secretary of each such interim Committee of Management from among the members nominated by him under subsection (1) | | |
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| 5B. The Minister may set up an Advisory Committee consisting of not more than eleven persons who are members of Credit Councils, for the purpose of assisting the Department of Credit Councils in the carrying out of its functions. At least five members of such Committee shall be members of registered trade unions. ". |
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Sri Lanka Consolidated Acts