3. Any Order made by the Minister under section 43 of the Co-operative Societies Ordinance, as modified by the Emergency (Miscellaneous Provisions and Powers) Regulations which were in force prior to the date of the coming into operation of this Act, in respect of any registered society, shall continue in force for a relevant period, and shall during that period be deemed to be an Order made under the said section 43 as if that section has effect, in its application in the case of such society and such society only, subject to the following modifications:-
| (1) as though there were substituted for sub-section (1) of that section, the following subsection : -
| | "(1) If the Minister is of the opinion that the committee of any registered society is not performing its duties properly, he may, by Order in writing-
| | | (a) dissolve the committee; and, |
| (b) direct that the affairs of the society shall be managed and administered by a person or persons appointed as herein-after provided, "; |
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| (2) as though there were substituted for sub-section (2) of that section, the following subsection:-
| | " (2) The Minister may, in his discretion, by Order in writing from time to time extend the period specified in any Order heretofore made by the Registrar, for such period as the Minister may determine."; | | |
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| (3) as though there were substituted for sub-section (3) of that section, the following sub-section : -
| | " (3) Where an Order is made under subsection (1), the Minister shall by the same or subsequent Order appoint a fit and proper person or two or more such persons to manage and administer the affairs of the society, and may from time to time-
| | | (a) remove or replace any person so appointed by him; or |
| (b) remove or replace any person heretofore appointed by the Registrar to manage and administer the affairs of the society; or |
| (c) remove or replace any person so appointed by the Minister in replacement of the person referred to in paragraph (b) of this sub-section. "; |
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| (4) as though there were substituted in sub-sections (4) and (5) of that section, for the word " Registrar ", the word " Minister "; |
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| (5) as though sub-section (7) of that section were omitted therefrom; and |
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| (6) as though there were inserted at the end of that section, the following new sub-section :-
| | " (9) The Minister may, by Order in writing, delegate any of his powers or functions under this section to the Registrar.". | | |
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Sri Lanka Consolidated Acts