7. Section 20 of the principal enactment is hereby amended by the repeal of subsection (8) thereof, and by the substitution therefor, of the following new sub-section :
| " (8) If no election of an auditor is made as aforesaid, the Secretary to the Ministry may, whether on the application of a member of the Corporation or not, appoint an auditor or auditors for the purpose of examining and auditing any such balance sheet and statement of accounts and may fix the remuneration to be paid to him or them by the Corporation and such remuneration shall be paid accordingly. Any auditor or auditors so appointed shall be deemed to have been duly elected under subsection (3).". |
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Sri Lanka Consolidated Acts