Sri Lanka Consolidated Acts

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Housing Development Finance Corporation of Sri Lanka (Amendment) Act (No. 15 of 2003) - Sect 8

Amendment of section 15 of the principle enactment

8. Section 15 of the principal enactment is hereby amended by the repeal of subsection (2) of that section and substitution of the following subsection therefor :
"(2) The Board may, from time to time fix and vary the salaries and allowances of such officers and servants of the Bank, taking into consideration the salaries and allowances payable to employees of state owned banking institutions engaged in similar objectives and operations"

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