Sri Lanka Consolidated Acts

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Housing Development Finance Corporation of Sri Lanka (Amendment) Act (No. 15 of 2003) - Sect 7

Amendment of section 14 of the principle enactment

7. Section 14 of the principal enactment is hereby amended by the repeal of subsection (2) of that section and the Substitution therefor of the following subsection :
"(2) The General Manager shall be a full time officer of the HDFC Bank of Sri Lanka. He shall be the chief executive officer of the HDFC Bank of Sri Lanka and shall be accountable and answerable to the Chairman and the Board of Directors.".

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