Sri Lanka Consolidated Acts

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Farmers Pension And Social Security Benefit Scheme Act (No. 12 of 1987) - Sect 12

Powers, duties and functions of the Board

12. The Board shall in addition to the powers conferred on it by the Agricultural Insurance Law, No. 27 of 1973, have the following powers, functions and duties:
(a) to make rules in respect of the administration of the affairs of the Board with regard to the Scheme;
(b) to refer to the Advisory Committee for advice any matter pertaining to the Scheme;
(c) to maintain the required actuarial financial and operational reports in respect of the Scheme;
(d) to monitor, evaluate and review the Scheme and effect changes in the operational rules where necessary and where it is empowered to do so ;
(e) to determine the award to be made to any contribution terms of the policy issued to him;
(f) to employ officers, servants and other employees as are necessary for the efficient management of the Scheme; and
(g) to do all other things which in the opinion of the Board are necessary to facilitate the operation and management of the Scheme.


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