8.
| (1) There shall be a Council of the Institute in this Law referred to as " the Council " which shall, subject to the rules or regulations made under section 17, administer the affairs of the Institute and be responsible for exercising and carrying out the powers, functions and duties of the Institute under this Law. |
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| (2) The Council shall consist of the following members:
| | (a) the President, two Vice-Presidents, an Honorary General Secretary, an Honorary Assistant General Secretary, an Honorary General Treasurer, all of whom shall be elected by the Corporate Members from among themselves at a session of the Institute; | | |
| | (b) two members elected from each of the following grades of Corporate Members, namely Fellow, Graduate, Associate and Licentiate; | | |
| | (c) two Corporate members appointed by the Minister; | | |
| | (d) the person holding office for the time being as Chief Valuer; | | |
| | (e) the person holding office for the time being as the Municipal Assessor of the Municipal Council of Colombo; | | |
| | (f) the person who last held the post of President: | | |
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Sri Lanka Consolidated Acts