4.
| (1) The Board of. Management (hereinafter referred to as the "Board") shall consist of the following five members :
| | (a) three members appointed by the Minister from among persons who appear to the Minister to have knowledge of Geology, Mining or Business Management ; | | |
| | (b) one member appointed by the Minister in consultation with the Minister in charge of the subject of Finance ; | | |
| | (c) the Director of Geological Survey and Mines appointed under section 6. | | |
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| (2) A person shall be disqualified from being appointed, or from continuing, as a member of the Board if he is, or becomes, a Member of Parliament or a member of, a Provincial Council or a local authority. |
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| (3) Where a member of the Board appointed under paragraph (a) of subsection (1), is by reason of illness, in formality or absence from Sri Lanka temporarily unable to perform the duties of his office, the Minister may having regard to the provisions of paragraph (a) of subsection (1) appoint another person to act in his place. |
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| (4) The Minister may without assigning any reason therefor remove any member of the Board appointed under paragraph (a) of. subsection (1) from office. The removal of any such member of the Board shall not be called in question in any court. |
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| (5) A member of the Board appointed under paragraph (a) of subsection (1) may resign from the Board by a letter addressed to the Minister. |
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| (6) Subject to the provisions of subsections (4) and (5), the term of office of a member of the Board referred to in paragraph (a) of subsection (1) shall be three years : |
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| (7) Any member of the Board vacating office by effluxion of time shall be eligible for reappointment. |
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| (8)
| | (a) The Minister shall appoint a Chairman of the Board from among the members appointed under paragraph (a) of subsection (1) of this section. | | |
| | (b) The Chairman may resign from the office of Chair man by a letter addressed to the Minister. | | |
| | (c) The Minister may without assigning any reason therefor remove the Chairman from office and such removal shall not be questioned in any court. | | |
| | (d) Subject to the provisions of paragraphs (b) and (c) of this subsection, the term of office of the Chairman shall be his period of membership in the Board. | | |
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Sri Lanka Consolidated Acts