Sri Lanka Consolidated Acts

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Ceylon Tourist Board Act (No. 10 of 1966) - Sect 45

Contracts

45.
(1) Contracts on behalf of the Board may be made as follows: -
(a) a contract which if made between private persons would be by law required to be in writing, may be made on behalf of the Board in writing under the common seal of the Board;
(b) a contract which if made between private persons is by law required to be in writing, signed by the parties to be charged therewith, may be made on behalf of the Board in writing signed by any person or persons duly authorized thereto as hereinafter provided; and
(c) a contract which if made between private persons would by law be valid although made by parol only and not reduced into writing, may be made by parol on behalf of the Board by any person or persons duly authorized thereto as hereinafter provided.
(2) A contract made according to this section shall be effectual in law and shall bind the Board and all parties thereto and their legal representatives.
(3) A contract made according to this section may be waived or discharged in the same manner in which it is authorized by this section to be made.

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