Sri Lanka Consolidated Acts

[Index] [Table] [Database Search] [Name Search] [Previous] [Help]

International Winged Bean (Dambala) Institute Act (No. 7 of 1982) - Sect 28

Dissolution of the Institute

28.
(1) Where the Board is of opinion that the Institute shall be dissolved, it may, by resolution passed by two-thirds of its members, decide to dissolve the Institute.
(2) The Minister may, on any such decision made by the Board, dissolve the Institute by Order published in the Gazette and appoint one or mare persons to be the liquidator or liquidators of the Institute.
(3) The provisions of sections 20 and 21 of the Finance Act, No. 38 of 1971 shall, thereupon, mutatis muttandis, apply to the liquidation of the Institute.

[Index] [Table] [Database Search] [Name Search] [Previous] [Help]