14.
| (1) The directors retiring in the year determined by the Minister under section 13 and the year immediately following that year shall be the nominated directors. Thereafter the directors retiring from office shall be those who have been longest in office since their last election or nomination. |
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| (2) As between directors elected or nominated on the same day those to retire shall, unless they otherwise agree among themselves, be determined by lot. |
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Sri Lanka Consolidated Acts