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| (1) it shall be lawful for the Corporation from time to time, at any general meeting of the member; and majority of not less than two-thirds of the members presence and voting, to make rules not inconsistent with the provision ions of this Act or other written law or the deed creating' the trust, for all or any of the following matters"
| | (a) the election, appointment or nomination members of the Board, and their powers and duties and the terms of office of members of the Board . | | |
| | (b) the powers, conduct, duties and functions of the various officers, agents and servants of the corporation ; | | |
| | (c) the procedure to be observed at, and the summoning and holding of meetings of the Board, the times, places, notices and agendas of such meetings, the quorum therefor and the conduct of business thereat; | | |
| | (d) the administration and management of the property of the Corporation, the custody of its funds, and the maintenance and audit of its accounts ; and | | |
| | (e) generally, for the management of the affairs of the Corporation and the accomplishment of its objects. | | |
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| (2) Any rule made by the Corporation may be amended, altered, added to or rescinded at a like meeting and in like manner as a rule made under subsection (1). |
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| (3) The rules of the Trust in force on the day preceding the date of commencement of this Act, shall, in so far as they are not inconsistent with the provisions of this Act or other written law or the deed creating the Trust, be deemed to be rules made under this section. |
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| (4) All members of the Corporation shall be subject to the rules in force for the time being of the Corporation. |
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Sri Lanka Consolidated Acts