5.
| (1) The Corporation may, from time to time, at a meeting specially convened for the purpose and by a majority of votes, make rules for the management of the affairs of the Corporation and the accomplishment of its objects. In particular and without prejudice to the generality of the foregoing power, such rules may make provision in respect of all or any of the following matters: -
| | (a) the admission, resignation and expulsion of members; | | |
| | (b) the procedure to be followed in convening meetings of the Corporation and the transaction of business at such meetings; and | | |
| | (c) the conduct of the duties of the various officers, agents and servants of the Corporation. | | |
|
|
| (2) Any rule of the Corporation may be amended or rescinded in like manner as a rule may be made under subsection (1). |
|
| (3) The rules of the Foundation in force at the time of the coming into operation of this Act shall be deemed to be the rules of the Corporation made under this section and may be altered, added to, amended, rescinded or replaced by rules made under this Act. |
|
| (4) The members of the Corporation shall be subject to the rules of the Corporation. |
|
|
Sri Lanka Consolidated Acts