11.
(1) The Minister shall appoint the Chairman of the Board of Directors from among the Directors. |
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(2) If the Chairman of the Board of Directors is, by reason of illness or other infirmity or absence from Sri Lanka, temporarily unable to perform the duties of his office, the Minister may appoint one of the Directors to act in his place. |
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(3) The meetings of the Board of Directors shall be presided over by the Chairman appointed under subsection (1), if present, but if such Chairman is not present at the time fixed for holding a meeting of the Board of Directors, the Directors present shall choose one of their number to preside. |
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(4) The Chairman may resign the office of the Chairman by letter addressed to the Minister. |
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(5) The Minister may, without assigning a reason, terminate the appointment of the Chairman and such termination shall not be called in question in any court or tribunal whether by way of appeal or writ or in any other manner whatsoever. |
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(6) Subject to the provisions of subsections (4} and (5), the term of office of the Chairman shall be the period of his office as a member of the Board of Directors. |
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(7) The Chairman of any meeting of the Board of" Directors shall, in addition to his own vote, have a casting vote. |
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