Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsDissolution of Credit Councils
| 4. Where after the establishment of a Credit Council or Councils for any local authority or local authorities in terms of subsection (1) of section 3, the Director finds it necessary and appropriate that the Credit Council or Councils so established should be varied, he may with the approval of the Minister, dissolve such Credit Council or Councils and in its or their place establish a new Credit Council or Councils, as the case may be, in terms of subsection (1) of section 3. |