Sri Lanka Consolidated Acts

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Hizbul-islam Trust (Incorporation) Act (No. 7 of 1992) - Sect 5

Management of the affairs of the Corporation

5.
(1) The affairs of the Corporation shall, subject to the rules of the Corporation, be administered by a Board of Directors (hereinafter referred to as "the Board").
(2) The first Board of Directors of the Corporation shall be the Trustees of the Hizbul-Islam Trust holding office on the day preceding the date of commencement of this Act. and consisting of members whose names are specified in the Schedule of this Act.
(3) It shall be lawful for the Board by a majority of votes at its meeting to co-opt any prominent Islamic worker to the Board, and subject to the rules of the Corporation fill any vacancy that may arise by death, resignation or removal of any member of the Board,


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