| (1) It shall be lawful for the Corporation at an Annual General Meeting or at any meeting specially convened for the purpose, and by a majority of votes of not less than two-thirds of the members present and voting, to make rules not inconsistent with the provisions of this Act or any other written law in respect of all or any of the following matters : "
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| (a) the election of the members of the Board of Management ; | | |
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| (b) the term of office of members of the Board of Management : | | |
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| (c) the meetings of the Corporation, and the procedure to be followed in the transaction of business, at such meetings; | | |
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| (d) the payment out of the funds of the Corporation, of: expenses incurred by the Corporation in carrying-out the objects of the Corporation; | | |
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| (e) the opening of bank accounts and the operation of such accounts; | | |
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| (f) the conduct of duties of various officers, agents, employees and servants of the Corporation; | | |
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| (g) generally for the management of the affairs of the Corporation and attainment of its objects. | | |
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Sri Lanka Consolidated Acts