Sri Lanka Consolidated Acts

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Ceylon State Mortgage Bank (Amendment) Act (No. 6 of 1970) - Sect 4

Amendment of section 12 of the principal enactment

4. Section 12 of the principal enactment is hereby amended as follows: -
(a) by the repeal of sub-section (1) of that section, and the substitution therefor of the following new sub-section:
" (1) The Minister may, without assigning any reason, remove a director from office. "'; and
(b) in sub-section (4) of that section, by the substitution, for the expression " No Member of Parliament ", of the expression " No Senator or Member of Parliament ".

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