129. Section 39 of the principal enactment is hereby repealed and the following section substituted therefor:-
| 39.
| | (1) The Chairman shall not enter into any contract on behalf of the Council for any work or service the cost of which exceeds five hundred rupees, or any contract enduring for a longer period than the time elapsing between the making of such contract and the end of the financial year, without the sanction of the Council. | | |
| | (2) If the Council fails to sanction any contract the Chairman may with the approval of the Commissioner enter into such contract notwithstanding the provisions of subsection (1).". | | |
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Sri Lanka Consolidated Acts