Sri Lanka Consolidated Acts

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Local Loans and Development (Amendment) Law (No. 9 of 1974) - Sect 2

Amendment of section 2 of Chapter 404

2. Section 2 of the Local Loans and Development Ordinance, hereinafter referred to as the " principal enactment ", is hereby amended as follows: -
(1) by the repeal of subsection (2) of that section, and the substitution therefor, of the following new subsection: -
" (2) The commissioners shall consist of at least five persons all of whom shall be appointed by the Minister, and-
(a) one of whom shall be the Secretary to the Ministry who shall also be the Chairman thereof;
(b) another of whom shall be the Commissioner of Local Government;
(c) another of whom shall be a state officer nominated for such appointment, by name or by office, by the Minister in charge of the subject of Irrigation, Power and Highways; and
(d) another of whom shall be a state officer nominated for such appointment, by name or by office, by the Minister in charge of the subject of Finance.";
(2) by the repeal of subsection (3) of that section; and (3) by the renumbering of subsection (4) of that " section as subsection (3) thereof.


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