8.
| (1) The Commission shall consist of
| | (a) the Secretary to the Ministry of the Minister; | | |
| | (b) the Secretary to the Ministry of the Minister in charge of the subject of Finance; | | |
| | (c) the Secretary to the Ministry of the Minister in charge of the subject of Policy Planning and Implementation ; | | |
| | (d) the Secretary to the Ministry of the Minister in charge of the subject of Trade and Commerce ; | | |
| | (e) the Secretary to the Ministry of the Minister in charge of the subject of Textile Industries; | | |
| | (f) the Secretary to the Ministry of the Minister in charge of the subject of Small Industries ; | | |
| | (g) the Secretary to the Ministry of the Minister in charge of the subject of Agriculture and Dairy Development ; | | |
| | (h) the Governor of the Central Bank of Sri Lanka ; | | |
| | (i) the Director-General of the Greater Colombo Economic Commission, established by the Greater Colombo Economic Commission Law, No. 4 of 1978 ; | | |
| | (j) the Chairman of the Export Development Board, established by the Export Development Board Act, No. 40 of 1979 ; and | | |
| | (k) not less than five and not more than seven persons appointed by the President in consultation with the Minister, from among persons who appear to the Minister to have wide experience and have shown capacity in the field of industry. | | |
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| (2) A person shall be disqualified from being appointed or continuing as a member of the Commission if he is a Member of Parliament or member of a Provincial Council or a member of any local authority. |
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| (3) A member of the Commission appointed under paragraph (k) of subsection (1) may resign from the Commission by letter addressed to the President. |
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| (4) The President may without assigning a reason remove any member of the Commission appointed under paragraph (k) of subsection (1). |
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| (5) Subject to the provisions of subsections (3) and (4), the term of office of a member of the Commission appointed under paragraph (k) of subsection (1) shall be three years. |
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| (6) Where any vacancy arises in the Commission, by reason of death, resignation or removal of any member of the Commission appointed under paragraph (k) of sub section (1) the President shall fill such vacancy, having regard to the provisions of that paragraph. |
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| (7) Any person appointed to fill a vacancy arising from the death, resignation or removal of any such member shall hold office for the unexpired period of the term of office of his predecessor. |
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| (8) The Secretary to the Ministry of the Minister in charge of the subject of Finance shall be the Chairman of the Commission and shall preside at all meetings of the Commission. In the absence of the Chairman from any meeting of the Commission, the Secretary to the Ministry of the Minister shall preside at such meeting. In the absence of both the Chairman and such Secretary from any meeting of the Commission, the Members of the Commission present at such meeting shall, subject to subsection (15), elect from among themselves a member to preside at such meeting. |
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| (9) The quorum for any meeting of the Commission shall be six. |
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| (10) The Chairman or the person presiding at any meeting of the Commission shall in addition to his own vote have a casting vote. |
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| (11) The Commission shall meet at least once every month and it may regulate the procedure in regard to its meetings and the transaction of business at such meetings. |
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| (12) The Commission may act notwithstanding any vacancy among its members and no act or proceeding of the . Commission shall be invalid by reason only of the existence of any vacancy in the Commission or any defect in the appointment of a member of the Commission. |
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| (13) The members of the Commission may be paid such remuneration as may be determined by the Minister with the concurrence of the Minister in charge of the subject of Finance. |
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| (14) A member referred to in subsection (1) (b) or subsection (1) (c) or subsection (1) (9) or subsection (1) (h) may designate a senior official of his Ministry to attend meetings of the Commission in his place and as his alternate, and shall inform the Chairman of the Commission in writing of such designation. |
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| (15) An alternate member designated under subsection (14) shall have the right to attend meetings of the Com mission and vote thereat but shall not be eligible to be elected under subsection (8) to preside at meetings of the commission. |
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| (16) Where a member of the Commission holds more than one office by virtue of which he is entitled to be represented on the Commission, such member may in writing addressed to the Chairman of the Commission indicate the office which he will represent on the Commission and shall nominate another officer to represent the other office which he holds. |
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| (17) The Secretary to the Ministry of the Minister shall be responsible for implementing the decisions of the Commission. The commission may delegate to such Secretary any Power or function conferred on or assigned to it by this Act. |
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Sri Lanka Consolidated Acts