Ceylon State Mortgage Bank (Amendment) Act (No. 6 of 1970) - Sect 3
Replacement of section 10 of the principal enactment
3. Section 10 of the principal enactment is hereby repealed and the following new section substituted therefor:
10. Every director shall ordinarily be appointed for a term of three years and he shall hold office for that period unless he dies, retires, or is removed or disqualified earlier.".