10.
| (1) It shall be lawful for the Corporation, from time to time, at any general meeting of the members and by a majority of the votes of not less than two-thirds of such members of the Corporation entitled to vote under the rules of the Corporation as are present at a general meeting of the members, without prejudice to the generality of the powers conferred on the Corporation, to make rules for any of the following purposes and for giving effect to the provisions of this Act: -
| | (a) the admission, suspension, withdrawal or expulsion of members; | | |
| | (b) the election, the powers, conduct and duties of the Committee of Management and the conduct and duties of the various officers, agents and servants of the Corporation; | | |
| | (c) the determination and collection of contributions, subscriptions and other calls payable by members, the payment of moneys due to members and the payment of advances and donations to members or their nominees, their widows or widowers, as the case may be, and their legitimate children or heirs-at-law; | | |
| | (d) the imposition of fines, forfeitures and penalties for breaches of rules; | | |
| | (e) the regulation of loans to be given to members and the prescribing of conditions relating to the grant of such loans and the interest payable thereon; | | |
| | (f) the establishment and regulation of schemes for the benefit of the employees of the Corporation and the establishment of any funds; | | |
| | (g) the procedure to be observed at meetings and in convening meetings and in the transaction of the business of the Corporation; and | | |
| | (h) 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| (2) Any rule made by the Corporation may be altered, added to, amended, or rescinded in the same manner as a rule may be made under sub-section (1). |
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| (3) No rule, alteration, addition, amendment or rescission shall have effect or be binding upon the members of the Corporation until the same is confirmed by the Minister of Finance and notice of such confirmation is published in the Gazette. |
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| (4) Pending the making of rules under this section, the affairs of the Corporation shall be administered, subject to the provisions of this Act, as nearly as may be in accordance with the rules of the Association for the time being in force. |
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| (5) All members of the Corporation shall at all times be subject to the rules for the time being of the Corporation. |
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Sri Lanka Consolidated Acts