Sri Lanka Consolidated Acts

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Ceylon hotels corporation Act (No. 14 of 1966) - Sect 40

Persons authorized to act on behalf of the Corporation

40. No person, other than the directors and persons thereunto expressly authorized by the board and acting within the limits of the authority so conferred on them, shall have any authority to make, draw, accept or endorse any cheque or order for the payment of money in the name or on behalf of the Corporation, or to enter into any contract so as to impose thereby any liability on the Corporation or otherwise to pledge the credit of the Corporation.


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